Our consultants from BetterBenefit are now advising us on this topic - Update September 2024

Your future is at stake – and now is the time to make the right decisions. In our basic information on company pension schemes from the PAYBACK Group, you will find out everything you need to know to retire with financial security. Because one thing is certain: If you don't take precautions today, you could face major challenges tomorrow. 

Why should you deal with company pension schemes? 

• Statutory pension is often not enough: Without additional provision, you risk not being able to maintain the standard of living you want in old age. 

• Missed opportunities are hard to make up for: The longer you wait, the harder it will be to save enough. 

• Ignorance can be expensive: Understand the risks and learn how you can minimize them with company pension schemes. 

Our models – ETFs or conservative 

In cooperation with BetterBenefit GmbH, the PAYBACK GROUP offers you various models of company pension schemes that provide you with solid protection in old age and in the event of occupational disability.  The company grants an employer subsidy of 15% of the contribution to be converted, provided that the gross salary before the deferred compensation is below the current BBG in the pension insurance 

Direct insurance via deferred compensation via Allianz, Volkswohl Bund or Alte Leipziger  

Your advantages at a glance: 

• Contributions of up to 4% of the contribution assessment ceiling (BBG) in pension insurance are exempt from tax and social security. 

• A further 4% of the BBG is tax-free. 

• Tax and social security contributions are only payable when the lump sum or pension is paid out. 

• Loyalty Partner supports you with an employer subsidy of 15% on the amount you convert. This subsidy applies if your gross salary before deferred compensation is below the BBG. 

• 100% of the investment in ETFs possible, if desired 

Since 1 January 2022, this employer subsidy has also been granted on existing contracts.  

Advice and Conclusion 

All employees who opt for direct insurance take out this through BetterBenefit GmbH. The BetterBenefit team will support you in choosing the best solution and will be happy to answer all your questions. 

Contact details: 

• E-mail: beratung@better-benefit.de 

• Phone: +49 89 904211-08 

You can also arrange a non-binding digital consultation appointment directly and have a personal calculation made for you: 

https://calendly.com/beratung-betriebsrente/grundinformation-zur-payback-betriebsrente 

Continuation of existing contracts 

If you already have a company pension contract (pension fund or direct insurance) from a previous employer, you have 2 options for continuing: 

1. Porting (capital transfer) to one of our group contracts 

2. Continuation with the previous insurer by LPH, LPS or PAYBACK 

BetterBenefit helps you find the best option and clarifies whether a takeover with a third-party insurer is safe for us as an employer. 

Attention! Models other than a pension fund or direct insurance (such as a provident fund) cannot be continued through the PAYBACK GROUP. 

Occupational disability insurance 

In addition to retirement provision, you can also take out occupational disability insurance – either through deferred compensation or as private insurance with special conditions. 

For initial and further information on company pension schemes and occupational disability insurance, you can contact Ursula Schmidbauer from the HR Operations team. 

However, you can also arrange a non-binding digital consultation appointment directly and have a personal calculation made for you: 

https://calendly.com/beratung-betriebsrente/grundinformation-zur-payback-betriebsrente 

Attention! Models other than a pension fund or direct insurance (such as a provident fund) cannot be continued through the PAYBACK GROUP.