Finance
Personal finance
How the Luxembourg state pension works: retirement age, contributions and how it's calculated
Luxembourg's statutory pension is a contributory first-pillar scheme run by the CNAP. The standard retirement age is 65, with early options at 57 or 60 under strict conditions. You need at least 120 months (10 years) of insurance to qualify. Contributions total 25.5% of capped pay, split equally between employee, employer and state (raised from 24% in January 2026). The pension combines a flat-rate part tied to career length and a proportional part based on lifetime earnings.