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Our Topics

Overview:  Our Topics

Labour Market

Labour Law

Occupational safety and health

Overview

Research

Initial and continuing training

Social Security

Pensions

Participation of persons with disabilities

International Affairs

Overview

Europe

Overview

European processes

European social policy

European employment policy

Mobility within the EU

Migration from third countries

Coordination of social rights

EU external relations.

Programmes and Funds

Overview

ESF

European Globalisation Adjustment Fund

FEAD

EaSI

International

Overview

International organisations

G20

Services

Overview:  Services

Contact

Publications

Overview

Shopping cart

Press

Overview

Recent Publications

Press photos

Overview

Press photos of the minister

Press photos of the state secretaries

RSS

Visitor Centre

The Ministry

Overview:  The Ministry

BMAS at a Glance

Political Staff

Pensions

Company pensions

Company pension plans have traditionally been something that employers provide on a voluntary basis

Company pension plans have traditionally been something that employers provide on a voluntary basis. Under new rules in force since 2002, however, employees have a right to have part of their earnings paid into a company pension plan under a deferred compensation arrangement.

Contributions to a company pension plan can be paid by the employer alone, the employee alone, or jointly by both employer and employee.

In a growing number of sectors, unions and employers have opted to include deferred compensation in collective agreements. This means employees can choose to set aside part of their agreed pay for a company pension. Many collective agreements also require employers to pay towards these pensions. Although conventional employer-funded pensions will still easily make up the largest share of company pensions, they will be supplemented more and more frequently by deferred compensation arrangements.

Employers can choose between five different ways of providing company pensions.

Pensions