Pension Reserve Act
Basic data | |
---|---|
Title: | Law on a federal pension reserve |
Short title: | Pension Reserve Act |
Abbreviation: | VersRücklG |
Type: | Federal law |
Scope: | Federal Republic of Germany |
Legal matter: | Administrative law |
References : | 2032-2-28 |
Original version from: | July 9, 1998 ( Federal Law Gazette I, p. 1800 ) |
Entry into force on: | January 1, 1999 |
New announcement from: | March 27, 2007 ( Federal Law Gazette I p. 482 ) |
Last change by: |
Art. 48 Regulation of June 19, 2020 ( Federal Law Gazette I p. 1328, 1333 ) |
Effective date of the last change: |
June 27, 2020 (Art. 361 of June 19, 2020) |
Please note the note on the applicable legal version. |
The law on a federal pension reserve (VersRücklG) regulates the way in which a pension reserve to finance pension expenses for civil servants , judges , professional soldiers and other federal employees who are guaranteed an entitlement to pension according to civil service regulations or principles, is set up and approved finance is.
The law consists of two sections:
- Section 1: "Federal pension reserve" special fund
- Section 2: "Federal Pension Fund" special assets
Section 1 regulates the establishment of a special fund under the name “Federal Pension Reserve” for the implementation of Section 14a of the Federal Salary Act. This special fund serves the federal government to secure future pension expenses.
Section 2 contains the necessary regulations for the establishment of a special fund under the name “Federal Pension Fund”.
A corresponding ordinance was issued to implement the law.
The special funds are administered by the Federal Ministry of the Interior .