Occupational pension schemes

Life insurers wishing to offer occupational pension schemes must meet extensive requirements. On the one hand, they are required to hold separate tied assets and prepare a separate group life report. On the other hand, they must submit their tariffs for approval before they are applied.

Group life reporting and comprehensive transparency

The first revision of the Federal Act on Occupational Retirement, Survivors’ and Disability Pension Plans (BVG) in 2004 included creating a framework for ensuring transparency in how surpluses in occupational pension schemes are distributed.