NATIONAL LABOUR MARKET POLICIES
Basic Information Reports
2.2.1.7.Company Retirement Act (Betriebspensionsgesetz - BPG)
The BPG regulates the protection of old-age pensions, disability pensions and dependent survivors' pensions (and entitlements to such pensions) which are supplementary to benefits from statutory pension insurance and ensue from commitments made by employers to employees within the framework of an employment relationship under private law. It contains stipulations regarding the perpetuity of claims and the transfer of entitlements.
In itself the BPG does not entitle employees to a company pension. It is only applied in the event of an employer voluntarily entering into such a commitment towards an employee.
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