Pension Fund Broadcasting
| Pension Fund Broadcasting
|
|
|---|---|
 |
|
| legal form | Mutual insurance association |
| founding | 1971 |
| Seat | Frankfurt am Main |
| management |
|
| sales | 50.0 million euros |
| Branch | Employer-funded pension |
| Website | www.pkr.de |
| Status: 2017 | |
The Pensionskasse Rundfunk VVaG is a German company pension scheme in the legal form of a mutual insurance association . As a regulated pension fund, it offers freelance workers, so-called “freelancers” and “permanent freelancers” as well as “temporary employees” of the twelve public broadcasters, a pension for old age and survivors. In addition, numerous advertising radio and advertising television companies as well as over 400 independent film and television production companies are among the so-called institution members, whose freelancers can also insure themselves in the pension fund. Half of the insurance premiums are made up of the payments made by the freelance workers and their clients.
history
The reason for the establishment of the pension fund at the end of the 1960s was the increase in the number of freelance workers in the broadcasting companies and their inadequate pensions. With their approval of the increase in broadcasting fees on January 1, 1970, the Prime Ministers of the federal states obliged the broadcasters to use the additional income to make a contribution to the social security of their freelance workers. At the end of 1971, the broadcasting corporations and the Rundfunk-Fernseh-Film-Union union , now the media department in ver.di , founded the pension fund for freelance workers at German broadcasters. This was renamed the Pension Fund Rundfunk in 2009. The headquarters of the pension fund is on the premises of the Hessischer Rundfunk in Frankfurt am Main .
background
It is a “regulated pension fund” within the meaning of the Insurance Supervision Act (VAG), which is supervised by the Federal Financial Supervisory Authority (BaFin). The legal form of the mutual insurance association ensures that the broadcasting pension fund does not have any shareholders who receive profits or dividend distributions. The pension fund works exclusively in the interests of its members.
Corporate structure
The supreme body of the Broadcasting Pension Fund is the member representation. It is composed equally of representatives of the institution members and the elected representatives of the insured persons (full members). The election takes place every five years. Further organs are the supervisory board and the management board.
Contributions
The pension scheme at the Rundfunk pension fund is financed from the contributions of the employers (institution members) and freelancers (full members). As a rule, 4% of the income generated by the members of the institution is charged as a contribution. The respective client then pays another 4%. The contributions differ among the broadcasters. Depending on the social security status, 4% or 7% of the gross fee is paid in addition to the agreed fee.
There are no commissions for contract conclusion or inventory maintenance. Freelance and temporary employees can become members of the pension fund if they are at least 18 years old and work from time to time for public broadcasters. Membership is voluntary and independent of the profession - it depends on the type of employment.
At the end of 2017, the fund had almost 16,800 members and around 3,200 pension recipients. At the end of 2017, the actuarial reserve amounted to 1.30 billion euros and the balance sheet total to 1.40 billion euros. (Total assets at the end of 2016: 1.33 billion euros)
Web links
Individual evidence
- ↑ a b Extract from the 2017 Annual Report
- ^ Pension fund homepage, list of producers, accessed on July 13, 2015
- ↑ History of the Pension Fund, accessed on July 13, 2015
- ↑ Regulated pension funds . ( dejure.org [accessed May 24, 2017]).
- ↑ Supervision of institutions for company pension schemes. Retrieved May 24, 2017 .
- ↑ List of member representatives, accessed on August 20, 2018
- ↑ ARD information on the pension fund, accessed on July 13, 2015
- ↑ Verdi.de union, information on the pension fund, accessed on July 13, 2015
- ↑ Information from BaFin, accessed August 20, 2018