Pension solutions

Who is the VZ Pension solution suitable for?

The VZ Pension solution was developed especially for small and medium-sized businesses. Many smaller companies are "pooled" together, which helps reduce administrative costs and also provides these companies with cost benefits which are usually only available to larger companies.

What sets the VZ Pension solution apart from other offerings?

At VZ, we charge flat-rate management fees and list them transparently. Other providers usually charge these costs as a percentage of the insured salary, which is rarely proportionate to the work involved and which can have a negative impact for companies with unfavourable age structures, for example. With the VZ Pension solution, SMEs can usually save up to 30 percent on their current risk premiums and administration costs.

What other advantages does the VZ Pension solution for companies offer?

Companies frequently obtain their compulsory and voluntary personal insurance policies from different providers. When concluding contracts and in subsequent years, this results in a lot of administrative work. Having to coordinate between the various contracting parties and points of contact takes time and often results in unnecessary overlaps. 

With the VZ Pension solution for companies, SMEs can get all their most important insurance from a single source. You only have one point of contact for all your questions related to insurance, which helps significantly cut down on administrative tasks.

What makes the VZ OPA collective foundation special?

The VZ OPA collective foundation differs from other collective foundations in terms of its flexibility and transparency:

• Each member company can set its own investment strategy in line with its needs and determine the investment risks it wishes to take on.
• Every company fully participates in the success of the investments.
• If a company terminates its membership agreement, the actual balance at the time of termination is paid out.

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How do companies benefit from a VZ management pension scheme?

With the VZ management pension scheme, companies can lower their occupational pension costs because risk premiums at the VZ Collective Foundation are 25 percent lower on average. In addition, there are no restructuring risks, as shortfalls are not possible with 1e pension solutions. Not least, an attractive management pension scheme also helps companies retain senior staff over the long term.

What are the advantages for members?

A modern management pension scheme allows senior staff to pay additional amounts into their 2nd pillar and increase their buy-in potential. This not only boosts their pension, but also helps them save more on tax. They can also choose their investment strategy themselves and so improve their returns. And a management pension scheme also protects individual retirement assets from being redistributed.

What options are open to members at VZ?

A VZ management pension scheme allows members the greatest degree of flexibility permitted by law. They can choose from up to three different contribution rates, which the company sets. As part of a 1e plan, each member can choose their own investment strategy. At VZ, they can choose from up to 10 strategies, with the maximum equity component being 85 percent.

At VZ, members can also invest in cost-effective index investments, change their investment strategy at any time and determine the timing of their investments themselves. And thanks to online access, they always have an overview of the current value of their pension fund assets.

How does VZ prevent assets from being redistributed?

Management staff are most heavily impacted by assets being redistributed because they have often saved up a lot of money by making voluntary contributions. VZ credits all the profits from investments chosen by members themselves as part of the management pension scheme into their personal account / securities account. In return, members do not get a guaranteed rate of interest. These means that collective fluctuation reserves are not built up.