Additional church pension fund of the Association of Dioceses of Germany
| Additional ecclesiastical pension fund of the Association of Dioceses of Germany (KZVK) | |
|---|---|
| legal form | Institute of public right |
| founding | August 30, 1976 |
| Seat | Cologne |
| Number of employees | 260 |
| Branch | Supplementary benefits |
| Website | http://www.kzvk.de |
The Church Supplementary Pension Fund of the Association of Dioceses of Germany (KZVK) is the supplementary pension fund of the Catholic Church in Germany .
history
For the purpose of standardizing the additional pensions for employees in the church and charitable service in the dioceses of Germany, the plenary meeting of the Association of Dioceses of Germany decided to set up a church supplementary pension fund. For this reason, the KZVK was established on August 30, 1976 as a legally independent church institution. The seat of the cash register is Cologne .
Since 1997, church employers from the new federal states have also participated in the KZVK.
Products and services
The supplementary pension is the special form of company pension scheme for public service workers, which the two large Christian churches have also joined. The KZVK has the task of granting the employees of the church and church charitable service in the area of the dioceses in the Federal Republic of Germany a company pension, invalidity and survivors pension according to the principles applicable to the employees of the public service. The implementation for the area of the Catholic Church and Caritas is basically carried out by the KZVK.
Since 2002, the additional pension for church and church charitable services has consisted of two components:
- The compulsory insurance, which usually covers all employees and is financed by the employer through expenses in addition to wages. It includes a defined contribution commitment for old age, disability and death risk in the form of a company pension.
- The voluntary insurance, the conclusion of which is at the discretion of the employee. It is financed through a waiver of remuneration (deferred remuneration) or through the employee's own contributions from their net wages. The risk of disability can be excluded here.
The KZVK looks after almost 15,000 billing offices (employers). More than 550,000 people are currently compulsorily insured through this, and more than 700,000 people are compulsorily insured. In addition, around 35,000 insured persons have taken out voluntary insurance through deferred compensation with the KZVK, either as part of the “Riester subsidy” or unsubsidized. The fund currently provides benefits such as old-age pensions, disability pensions and survivors' pensions to around 170,000 pensioners (as of June 30, 2018).
The KZVK is a member of the Working Group on Municipal and Church Pensions (AKA) eV