Pension equalization fund
The pension equalization fund is an instrument for implementing the newly regulated pension equalization in the divorce proceedings with effect from September 1, 2009 . The aim of the pension equalization fund is to enable the divorced spouse to benefit from pension entitlements by means of a supplementary funded solution instead of the statutory pension insurance provided for by the pension equalization law. For this purpose, a pension fund was founded in the legal form of the VVaG . The founding members are 38 insurance companies that provide consortium cover.
However, the pension equalization fund only assumes rights from the company pension scheme of the person obliged to compensate. The power spectra are generally based on which the state pension scheme, thus: lifetime annuities (excluding capital voting rights). Due to the special situation as a post-marital arrangement, however, there are no survivors' benefits. Similar to the company pension scheme, this pension fund does not permit any dispositions. It is therefore not possible to transfer or lend the pension entitlements you have paid in .
The newly regulated pension equalization, however, provides that pension law agreements between the spouses also take precedence over an "external division" by, for example, the pension equalization fund, as does the "internal division", as it were, in which an entitlement is created with the pension provider the pensionable person builds up entitlements.
The central administration of the pension equalization fund is in Stuttgart.