Home » HR practices » Professional development » Legal developments » National legislation » Germany : the federal government improves the companies’ supplementary pensions’ guarantee system Germany : the federal government improves the companies’ supplementary pensions’ guarantee system The German council of ministers passed, on May 3rd, a reform bill aiming for the improvement of the financial coverage of the Pensions-Sichergungs-Verein (PSVag), a pension fund that provides the payment of supplementary pensions of companies in case of bankrut. (Ref. 06446) Through . Published on 08 May 2006 Ă 7h43 - Update on 26 March 2013 Ă 10h12 Resources About 60000 companies pay their contributions to PSVag that cover 3.8 million retired persons and the right to pension of 4.7 million salaried workers. Currently, the PSVag provides 440 000 retired persons whose company went bankrupt with supplementary pensions,… Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageRGPD J’accepte la politique de confidentialitĂ©.PhoneThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels
