The Federal Central Tax Office (BZSt) is responsible for the certification of old-age provision contracts ("Riester") and basic pension contracts ("Rürup"). For contributions made to certified contracts, a special expense deduction can be claimed in the income tax return and, in the case of old-age provision contracts, the old-age provision allowance can be applied for.
Applications for certification can be submitted by providers of old-age provision and basic pension contracts and umbrella organisations of the providers named in Section 1(2) of the Retirement Provision Contracts Certification Act (AltZertG).
You submit your application for certification of the retirement provision or basic pension contract in writing to the Federal Central Tax Office (BZSt).
The certification office will check whether
- the application is submitted by a provider in accordance with section 1(2) or section 2(2) of the Retirement Provision Contracts Certification Act (AltZertG) or
- an umbrella association of the providers named in Section 1(2) and whether
- the sample contracts submitted meet the certification criteria.
Each contract sample eligible for certification receives a certificate with a certification number. The certification body does not check whether
- the product is economically viable
- the promises made by the supplier can be fulfilled, and
- the terms of the contract are valid under civil law.