adesso BLOG

Employees have the right to request deferred compensation in order to fund their pension plan. The draft version of the 2024 Social Security Computation Regulation (Sozialversicherungs-Rechengrößenverordnung 2024) provides for a significant increase of the income threshold for the year 2024. What implications does this have for company pension schemes? What challenges do companies, employees, insurance companies and pension providers face? And how can they be overcome? I will answer these questions in my blog post.

Pension provision is boring and complicated? It does not have to be! That is because committed adessi are developing the jump-and-run game ‘Pension Run’ to shake off this stigma and make the topic of provision more approachable. This blog post will take you along on the journey to the vision behind a (pension) provision-themed jump-and-run game and explain how this vision is being pursued.

Many people have heard of occupational pension schemes and occupational health insurance plans. Both means of making provisions can be used to attract and retain employees. To what extent are there similarities, but also differences? You can read about this in my blog post.

The digitalisation of occupational pension schemes is often still in its infancy. This is because there are a number of challenges for stakeholders that inhibit the advancement of IT solutions. But there are some excellent opportunities here, too. This blog post will explain what these are in excerpts.

When it comes to company pension schemes, employees can demand that their employer use a part of their future earnings for their company pension scheme via deferred compensation. The German Federal Ministry of Labour and Social Affairs (Bundesministerium für Arbeit und Soziales, BMAS) wants to increase the contribution assessment ceiling for the year 2023. How and to what extent are company pension schemes affected by this change? What challenges does this pose for companies, employees, insurance companies and pension providers? And how can these be overcome? You can find answers to these questions in the following blog post.

Occupational pension schemes are becoming increasingly important, even though they entail an administrative burden. Every party involved, such as insurance companies, pension providers, employers and employees, wants administration to be simple. A corporate client portal can help everyone involved here. In my blog post, I’ll explain to you what a corporate customer portal is, what added value it offers and how it can be implemented.

Pensions are important for every employee. They have the right to request from their employer that part of their future earnings – up to four per cent of the contribution ceiling for the statutory pension fund – are paid into their company pension scheme through the conversion of earnings into pension contributions (deferred compensation). This is an important measure to protect workers from old-age poverty. But everything has now changed due to COVID-19. To reflect the new reality, the 2022 contribution ceiling is set to be reduced under the draft bill from the German Federal Ministry of Labour and Social Affairs (Bundesministerium für Arbeit und Soziales, BMAS). How and to what extent are company pension schemes affected by this change? What challenges does this pose for companies, employees, insurance companies and pension providers? And how can these be overcome? You can find answers to these questions in the following blog post.

The company pension scheme is promoted by the German Act to Strengthen Occupational Pensions (Betriebsrentenstärkungsgesetz, BRSG) of 2018. Employers are obliged to support their employees in building up a pension by making a contribution towards their deferred compensation. Previously, this contribution was only obligatory for new policies dated 1 January 2019 or later. As of 1 January 2022, employers will be obliged to pay this subsidy for all existing pension scheme policies. What challenges do insurance companies and pension providers have to face? And how can these be overcome? I’ll explain how in this blog post.

The penetration rate of company pension schemes in Germany has decreased once again. Despite all of the recommendations and numerous incentives, such as those provided in the German Act to Strengthen Occupational Pensions (Betriebsrentenstärkungsgesetz, BRSG), it doesn’t look anything is about to buck this trend. How can we make company pension schemes more attractive without increasing the administrative burden on employers, excluding pension providers and reducing transparency into the wide range of company pension scheme options even further? As the title of this blog post suggests, a standard product is the method of choice for increasing the uptake of company pension schemes and thus the level of retirement security for today’s workers.