The strike, the 13th in 18 months, will begin at 0600 GMT and last until 2200 GMT. It will only affect the Lufthansa parent company, not the other airlines within the group, the pilots' union Vereinigung Cockpit said in a statement.
Union and management have been embroiled in a bitter dispute since April 2014 over management plans to change the pilots' early retirement arrangements.
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Pilots are also concerned about Lufthansa's aim to further develop its low-cost activities as it faces growing competition.
Following the horrific crash of a jet belonging to Lufthansa's low-cost subsidiary Germanwings in March, the union suspended industrial action. And talks with management have resumed in recent months.
Cockpit said today that it has made substantial concessions and accused management of seeking to "smash wage-agreement structures and demolish protective mechanisms in order to weaken the union."
Lufthansa, which also owns Swiss and Austrian Airlines, has embarked on a massive reorganisation, farming out much of its domestic and medium-haul services to its low-cost airline division, Germanwings.
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