Renovation money
The restructuring allowance is a special payment to a pension system, which is made on the occasion of the system change from a previously pay-as-you-go company pension to a funded system and serves to finance the pension obligations or entitlements existing at the time of the change. Current or periodically recurring payments can also be restructuring payments under certain conditions. The restructuring money is raised to finance the gaps in coverage resulting from the system change. The coverage gap resulted from the comparison of the determined assets (these are the already acquired entitlements of the employees) with the existing assets at the time of the system change. The system change consisted of changing from the overall pension system to a points model - similar to the statutory pension insurance.
The restructuring allowance, which is regularly agreed in a collective agreement, is the only amount of member benefits that can be influenced by the pension provider ( e.g. the federal and state pension institutions and the supplementary pension funds ) that is necessary and necessary to cover the increased financial requirements from the overall pension system .
The debtors of the restructuring money are the individual public employers (federal, state, local and church).
Individual evidence
- ↑ Supplementary pension for employees in the public sector
- ↑ This is how the new company pension system works (points model) ( Memento of the original from February 28, 2005 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Provisions for restructuring money as an accounting policy instrument using the example of the KZVK Dortmund ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
Web links
- Collective pension agreement (ATV) (PDF) on the VBL website
literature
- Boeddinghaus, Rütger, pension scheme at the VBL - collective bargaining autonomy as a savior in the event of restructuring? The Staff Council, 2008, 401–406