Church supplementary pension fund
A church supplementary pension fund (KZVK) is a supplementary pension fund for the church.
In Germany, five church supplementary pension funds share the task of providing an additional company pension for employees of the Church, Diakonie and Caritas under private law. The church supplementary pension funds do not compete with each other.
The five church supplementary pension funds are:
- Additional church pension fund for Rhineland-Westphalia
- Supplementary pension fund of the Evangelical Lutheran Church of Hanover
- Evangelical Supplementary Pension Fund (EZVK)
- Church supplementary pension fund Baden
- Additional church pension fund of the Association of Dioceses of Germany
The year 2014 ended with total assets of 22.58 billion euros; this contained an actuarially calculated deficit of 5.5 billion euros. In 2015, the fixed assets of the cash registers fell by around 8.2 percent (from 17 billion euros to around 15.6 billion euros).
See also
Individual evidence
- ↑ Daniel Deckers: Billion coverage gap continues to grow . In: FAZ , April 24, 2016, accessed on April 25, 2016.