Who wants to be secured financially in old age, should choose to deal early on with the theme. A way of the company pension scheme (bAV) is a pre-caution. It is in Germany, in addition to the statutory pension and the private pension schemes of the three pillars of the financial Provision for the age. There are five models of occupational pension schemes – the employer decides what he has to offer.
it is A right for every worker who pays into the statutory pension insurance. With the company pension scheme, employees can close their pension gap and, thanks to state support taxes and social contributions save. Everything you know about your pension
Our PDF guide explains on 100 pages the answers to all the important questions around the topic of retirement. Plus 58 Pages Of Forms.
PDF guide
In the case of direct insurance, pension Fund and pension Fund contributions each year, until 6624 Euro tax and up to 3312 Euro, to social insurance. However, the age of the taxes and social charges on the pension in retirement. Contribution payments in the direct pension commitment and support Fund are unlimited, tax-free, as well as a year, also up to 3312 Euro, to social insurance.
you are entitled to a fee conversion
Regardless of which model in the individual cases is available to: Everyone subject to pension insurance for workers in Germany has a legal claim to salary conversion. He must, therefore, convert a portion of its gross income in a Savings account. The Person
Philip Harms expert pension advice. As the founder and managing Director of Afilio – society for the Prevention mbH, he knows the legal, organizational and financial requirements relating to any kind of pension documents.
the Benefit of workers, for example, your gross income is 100 euros for the fee conversion, then you really only have a Net cost of about 50 euros, because you will save taxes due to the lower gross salary and social contributions.
employers must grant make
in Addition, the employer is obliged, in the case of contracts for occupational pension schemes, from 1. January 2019 were closed to subsidise the conversion of gross pay to 15 percent. From 1. January 2022 this also applies to existing agreements. Accordingly, the example calculation 115 euros would be paid into the company pension scheme is introduced.
The five forms of Occupational pension direct insurance
The employer as occupational pension schemes, at least one direct insurance offer. The employee is making contributions in some amount that the employer is usually in the Form of deferred compensation to the cooperation partner – the insurance company – more. On direct insurance, a guaranteed interest rate is offered, obtained, however, only to the Deposit less the closing costs.
For 2015, the guaranteed interest rate is at 0.9 percent. Direct insurance is worth it with so low interest rates only when the employer subsidizes the employee’s contributions with a minimum of 20 percent.
pension Fund
the employer Decides this, he appoints as an external company called a pension Fund with the administration of the company pension scheme for its employees. In this pension Fund employees pay usually through a salary conversion. The free comparison of FOCUS Online (display) you will Find suitable offers for your Riester pension!
pension funds promise a higher return than a direct insurance, since they are not tied to the applicable guaranteed interest rate. However, the current encounters low-interest-rate situation, more and more pension funds therefore need the support of the employer.
pension funds
the employer is Offering occupational retirement provision in a pension Fund, he invests the Savings of the employee in shares or equity funds. In General, the employees pay the deferred compensation in the gross income and can benefit from the yield opportunities of capital markets.
However, if you have the Chance to high returns: the investment of The assets in a pension Fund is subject to the laws of the stock exchange. Workers must be expected, therefore, always with losses.
provident Fund
The Fund is the oldest Form of occupational pension provision in Germany. Earlier the companies were on-site facilities. Today, there are benevolent funds which support several companies in the pension. Display here you Set up your pension Plan!
The great advantage compared to other models in the occupational pension: The contribution payments are in the accumulation phase in an unlimited amount, tax-free, so that especially high-earner benefit. So who is in the long term, in the case of a company, which as a company pension scheme the provident Fund is offering, it can be expected in the age with an attractive pension.
Plan
In the case of a direct commitment of the employer to pay the occupational pension scheme of the employee from the business assets. Thus, the employee receives in the event of insolvency, his pension shall be required to pay the employer contributions to the Pensions-Sicherungs-Verein.
in addition to the employer’s performance, the employee may Deposit in principle, by converting remuneration in the Plan – the contributions are then as in the case of the support Fund for an unlimited amount tax-free.
when and to whom the company pension scheme is worth it?
For all of the models for occupational pensions: they are at their most effective for the employee, if the employer contributed financially to the contribution payments. Some employers may specify that employees must be several years in the company’s employ, in order to receive payments. How do I put 20,000 euros? Our PDF guide shows you how to create your capital, despite mini-interest in a profitable way and an expensive Fall deal.To the PDF guide
In the case of a change of Employer occupational pension schemes does not expire due to direct insurance, pensionskasse and pension Fund. Workers can continue to do so, or to the new employers. Different models of the support Fund and direct commitment: employees are not able to perform this form of savings and are not entitled to Transfer to a new Employer.
Lay workers in the pension value on flexibility and/or are employed by an employer who contributes financially to the company pension scheme, you should choose other forms of savings, their state pension increase.
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