Vested benefits institution

The purpose of vested benefits foundations is to ensure the protection of pension assets. If an insured person leaves a pension fund (vested benefits case) and does not join a new pension fund, the vested benefits of the pension fund must be transferred to a vested benefits institution in accordance with the Vested Benefits Act (FZG). This may be the case, for example, in the event of unemployment, sabbatical or premature termination / interruption of employment.