Insurance broker / Riester pension / Policy wording archive Riester pension
Allianz RiesterRente KomfortDynamik: the policy wording in full
RiesterRente KomfortDynamik (Baustein E222) mit Anlage im KomfortDynamik Sondervermögen, täglichem Wertsicherungskonzept, dynamischer Garantieerhöhung, garantiertem Rentenfaktor und Mindestbetrag aus Beiträgen und Zulagen (Stand 12/2025).
German market: tariffs for people living in Germany.
Done in two minutes: your details are enough, we take care of the rest.
- Free for you, same price as going direct
- 4.98 out of 5 stars from 5,042 reviews
- On your side when you claim
Take out this policy through NAMMERT
You have already worked out with your AI what fits you.
All we need now are your details and a few answers.
We prepare your application with Allianz.
- AI has advised
- 2Your details
- Application to Allianz
Thank you, we have your application.
We prepare it with Allianz and get back to you with the documents.
Everything about this policy
What the policy covers: 69 points, each with its clause
Quotes are shortened.
The full German wording of each point is on the German page for Allianz RiesterRente
KomfortDynamik.
Contract type and certification
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Certified pension contract (certification number stated) | yes | „soweit sich aus den zum Zeitpunkt des Vertragsschlusses geltenden Vorschriften des“ | Vorbemerkung, page 1 |
| Traditional Riester annuity with guaranteed interest | not addressed | ||
| Unit-linked Riester annuity | yes | „KomfortDynamik Sondervermögen setzt sich aus“ | Ziffer 2.1 Absatz 1, page 5 |
| Hybrid model (split between general account, guarantee fund and free funds) | yes | „Wir prüfen an jedem →Bankarbeitstag vor Rentenbeginn, ob die“ | Ziffer 1.6 Absatz 2, page 5 |
| Index participation with annual lock-in | not addressed | ||
| Capital guarantee: contributions and allowances paid in are available at the start of the pension | yes | „Zulagen (Mindestbetrag) für die Bildung der Rente nach“ | Ziffer 1.1 Absatz 3, page 2 |
| Guarantee also applies on early pension start, change of provider or withdrawal | yes | „Am vorgezogenen Rentenbeginn stehen mindestens die bis da“ | Ziffer 11.1 Absatz 1 a), page 14 |
| Guaranteed technical interest rate during accumulation | not addressed |
Allowances, subsidy and home ownership option
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| State allowances are credited to the contract (timing and investment) | yes | „ist jeweils der 1. Tag des Monats, in dem die staatliche Zulage bei“ | Ziffer 6 Absatz 3, page 10 |
| Allowance application handled by the provider (standing application) | not addressed | ||
| Note on minimum own contribution and base amount for the full allowance | yes | „chen Sockelbetrag nach § 86 Absatz 1 Einkommensteuergesetz“ | Ziffer 11.7 Absatz 1, page 16 |
| Indirectly eligible spouses or partners covered in the terms | yes | „bar förderberechtigten Ehegatten bzw. eingetragenen Lebens“ | Ziffer 11.4 Absatz 1 a), page 15 |
| Allowances reclaimed by the authority are taken from the contract balance | yes | „Wenn wir staatliche Zulagen zurückzahlen müssen, reduzieren“ | Ziffer 6 Absatz 1, page 10 |
| Non-compliant use (surrender with payout, moving abroad): repayment of allowances and tax benefits explained | yes | „Im Fall einer Kündigung müssen alle uns zugeflossenen staatli“ | Ziffer 9.3, page 13 |
| Withdrawal for owner-occupied housing (home ownership amount) | yes | „Sie können Ihren Vertrag bis zum Rentenbeginn für eine Verwen“ | Ziffer 11.6, page 16 |
| Minimum withdrawal and minimum remaining balance on partial home withdrawal | no | „gebildete Kapital muss vollständig verwendet werden.“ | Ziffer 11.6 Absatz 1, page 16 |
| Fee for home ownership withdrawal | yes | „gentum (siehe Ziffer“ | Ziffer 7.2 Absatz 1, page 11 |
Annuity factor, bonuses and fund investment
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Guaranteed annuity factor (pension per 10,000 euros of balance) | yes | „Wir garantieren jedoch, dass der Rentenfaktor zum Rentenbeginn“ | Ziffer 1.1 Absatz 2 b), page 2 |
| Insurer may reduce the annuity factor later (trustee clause) | not addressed | ||
| Best-of check at pension start (then current bases if they give a higher pension) | yes | „Den Rentenfaktor berechnen wir zum Rentenbeginn.“ | Ziffer 1.1 Absatz 2 b), page 2 |
| Bonus participation and share in valuation reserves | yes | „Wie beteiligen wir Ihren Vertrag an den Überschüssen?“ | Ziffer 3.2, page 6 |
| Fund selection set out in the terms (number of funds at once) | no | „KomfortDynamik Sondervermögen setzt sich aus“ | Ziffer 2.1 Absatz 1, page 5 |
| Fund switches and reallocation, number of free switches per year | not addressed | ||
| Reallocation by the insurer to secure the guarantee (outside the customer's control) | yes | „Wir prüfen an jedem →Bankarbeitstag vor Rentenbeginn, ob die“ | Ziffer 1.6 Absatz 2, page 5 |
| Lifecycle management before pension start (gradual shift to low-volatility assets) | not addressed | ||
| Insurer may replace a fund (closure, merger), customer rights | not addressed |
Pension start and payout
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Earliest pension start (not before age 62, age 60 for contracts before 2012) | yes | „Rentenzahlungen erhalten Sie frühestens, wenn Sie das 62. Lebensjahr vollendet haben.“ | Ziffer 1.1 Absatz 1, page 2 |
| Latest pension start (maximum age) | yes | „höchstens 85 Jahre alt.“ | Ziffer 11.1 Absatz 2 a), page 14 |
| Bring forward or postpone the pension start | yes | „um bis zu 7 Jahre vorziehen.“ | Ziffer 11.1 Absatz 1, page 14 |
| Lifelong level or increasing monthly pension | yes | „Zeitpunkt garantierte Rente in gleichbleibender Höhe, solange Sie“ | Ziffer 1.1 Absatz 1, page 2 |
| Partial lump sum at pension start (up to 30 percent of the capital) | yes | „Sie können sich zum Rentenbeginn bis zu 30 Prozent des“ | Ziffer 11.2, page 15 |
| Lump-sum settlement of a small pension (choice of payout year) | not addressed | ||
| Guaranteed payment period (pension continues to survivors on death) | not addressed | ||
| Refund of remaining capital on death after pension start | yes | „Wenn Sie nach Rentenbeginn sterben, steht das vereinbarte Kapi“ | Ziffer 1.3, page 3 |
Death and survivors
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Benefit on death before pension start agreed | yes | „Wenn Sie vor Rentenbeginn sterben, steht ein Kapital zur Verfü“ | Ziffer 1.2, page 3 |
| Amount of the death benefit before pension start (balance, contributions and allowances) | yes | „Wenn Sie vor Rentenbeginn sterben, steht ein Kapital zur Verfü“ | Ziffer 1.2, page 3 |
| Transfer of the balance to the surviving spouse's certified contract (without loss of subsidy) | yes | „ten Altersvorsorgevertrag übertragen. In diesem Fall erstellen wir“ | Ziffer 1.4 Absatz 1, page 3 |
| Survivor pension to spouse and eligible children instead of a payout | yes | „Hinterbliebenenrente für rentenberechtigte Kinder“ | Ziffer 1.4 Absatz 2, page 4 |
| Payout to heirs after deduction of the subsidy | yes | „wir das Kapital an Ihre Erben. In diesen Fällen müssen alle uns zu“ | Ziffer 1.4 Absatz 3, page 4 |
| Waiting period for suicide | not addressed |
Contribution and flexibility
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Minimum regular contribution (including allowances) | not addressed | ||
| Additional payments during the term, minimum amount | yes | „Sie können vor Rentenbeginn für jedes laufende Kalenderjahr eine“ | Ziffer 11.4 Absatz 1, page 15 |
| Top-ups limited (eligible maximum per year or insurer consent) | yes | „baren staatlichen Zulagen den förderfähigen Höchstbetrag nach“ | Ziffer 11.4 Absatz 1 a), page 15 |
| Contribution adjustable to the minimum own contribution at any time | yes | „Sie können den vereinbarten Beitrag erhöhen. Eine Risikoprüfung“ | Ziffer 11.4 Absatz 2, page 15 |
| Contract can be made dormant (paid-up) at any time, minimum balance | yes | „zahlt werden (Beitragsfreistellung). Die Beitragsfreistellung ist zum“ | Ziffer 8.1 Absatz 1, page 11 |
| Resumption of contributions after dormancy, deadline | yes | „Beitragszahlung jederzeit wieder aufnehmen, ohne dass wir eine“ | Ziffer 8.2 Absatz 1, page 12 |
| Contribution holiday or deferral | not addressed | ||
| Indexation (scheduled increase of the contribution) | yes | „trags aufgrund eines vereinbarten dynamischen Zuwachses.“ | Ziffer 7.1 Absatz 2 a), page 11 |
| Waiver of contributions on occupational disability available | yes | „die Berufsunfähigkeitsrenten unmittelbar zur Zahlung der Beiträge“ | Teil B Ziffer 2.1, page 19 |
| Supplementary cover for reduced earning capacity or survivors from the subsidised contribution | yes | „schlossen haben, verringert sich der Mindestbetrag um die ge“ | Ziffer 1.1 Absatz 3, page 2 |
Termination, costs and change of provider
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Right of withdrawal (period in days) | not addressed | ||
| Surrender with payout of the surrender value (subsidy is lost) | yes | „Wenn Sie kündigen, zahlen wir - falls vorhanden - den Rückkaufs“ | Ziffer 9.2 Absatz 1, page 12 |
| Surrender charge on dormancy or termination | yes | „Rentenbeginn?" festgelegt, in welcher Höhe wir einen Abzug vor“ | Ziffer 9.2 Absatz 2, page 13 |
| Acquisition costs spread over at least five years | yes | „über einen Zeitraum von mindestens 5 Jahren,“ | Ziffer 7.1 Absatz 1 a), page 10 |
| Costs quantified in the terms (acquisition, administration, funds, payout phase) | no | „"Produktinformationsblatt" jeweils unter der Überschrift "Einzelne“ | Ziffer 7.1 Absatz 3, page 11 |
| Change of provider: termination to transfer the capital to another certified contract (notice to quarter end) | yes | „Die Kündigung ist mit einer Frist von 3 Monaten zum Ende des“ | Ziffer 10.1 Absatz 2, page 13 |
| Fee for change of provider (legal maximum 150 euros) | yes, up to EUR 50 | „Kosten in Höhe von 50 EUR.“ | Ziffer 10.2, page 14 |
| Capital transferred in from another contract: acquisition costs on no more than half of it | yes | „Vertriebskosten (→Kosten) maximal 50“ | Ziffer 7.1 Absatz 1 c), page 11 |
| Claims cannot be assigned or transferred (protection from seizure) | yes | „Sie können Ihre Ansprüche aus Ihrem Vertrag weder abtreten noch“ | Ziffer 4.1 Absatz 2, page 9 |
| Insurer waives ordinary termination | not addressed |
Duties and market specifics
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Health questions at inception or for riders | yes | „Die nachfolgende Regelung gilt nur für den gegebenenfalls abge“ | Teil B Ziffer 1, page 19 |
| Benefit restriction for war or NBC weapons | not addressed | ||
| Annual statement of contributions, allowances, balance, costs and returns | yes | „(AltZertG) jährlich schriftlich über“ | Teil B Ziffer 7, page 23 |
| Information before the payout phase (form and amount of benefits, costs, deadline for a change) | yes | „nate vor Beginn der Rentenzahlung über die Form und Höhe der“ | Ziffer 10.1 Absatz 2, page 13 |
| Austria: state bonus under section 108g EStG set out in the terms | not addressed | ||
| Austria: capital guarantee on premiums paid and state bonuses | not addressed | ||
| Austria: minimum lock-in (ten years) and options afterwards | not addressed | ||
| Spain: contingencies covered (retirement, disability, death, dependency) | not addressed | ||
| Spain: early access (serious illness, long-term unemployment, contributions older than ten years) | not addressed |
Evaluated by NAMMERT from published policy wordings.
Despite care, a value may be misread;
legally only the wording of your own contract in the edition stated there applies.
Please report errors, we correct them the same day.
Policy wordings and provider
- Legal entity
- Allianz Lebensversicherungs-Aktiengesellschaft
- Distribution
- through tied agents
- Baustein Altersvorsorge, Zukunftsrente KomfortDynamik (RiesterRente) E222 Edition: E222 (010) 12/2025 Original from the insurer (PDF, German)
Full text of the wording
The full text exists only in German.
It is printed on the German page for Allianz RiesterRente KomfortDynamik and available as plain
text.
Volltext Allianz RiesterRente KomfortDynamik Riester-Rente · As text (Markdown) Allianz RiesterRente KomfortDynamik Riester