Tag Archive: State Pension

In-house Counsel – Barred From Private Pension Systems?

German employees are usually subject to the state pension insurance (“gesetzliche Rentenversicherung – GRV“). In contrast, professionals such as lawyers, physicians, tax consultants, vets or pharmacists may join special pension funds for their professional peer group (known as “Versorgungswerke“). As these special private pension funds are, generally, better funded than the state pension insurance, professionals …

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