A job change often brings many changes with it – and understandably so, including questions about the company pension plan.
But don't worry: we'll take care of it!
Your direct insurance policy will be transferred to you or directly to your new employer. Either way, it ensures that you can continue to use your retirement benefits. If there are changes to the employer contribution at your new employer, the contribution or the composition of contributions can be adjusted accordingly.
You have a legal entitlement to use parts of your salary for company pension scheme contributions through salary sacrifice. If you inform your new employer that you still want to contribute to the company pension scheme, they will provide you with an offer or a way to continue your direct insurance. Should your new employer - which is almost unheard of in practice - be unaware of this legal entitlement, we would be happy to assist you by informing your employer accordingly.
You have a legal right to take over and continue your existing direct insurance with your new employer. You can assert this legal claim with your new employer within 12 months of leaving your old employer.
Your new employer can implement the continuation of your pension plan by taking over your contract and continuing it with the previous insurance company. Many employers do this.
If your new employer does not want to do this because they want to have all contracts with one insurance company, they will offer you a so-called “actuarial reserve transfer”. This involves taking the accumulated value from your existing contract and paying it into a new contract with another insurance company as starting capital. Your future contributions will therefore go to another insurance company.
This changes the name of the insurance company and the insurance tariff. This can be a disadvantage, but it doesn't have to be. To your advantage, the insurers have agreed that no double acquisition costs will be charged in this case.
Your company pension is reserved for your retirement age and will remain with you!
Alternatively, in certain cases it is possible to terminate the direct insurance early and have the contract value paid out. This is possible in particular if the monthly pension to be paid on the basis of your current contract value at retirement age does not yet exceed an amount of currently EUR 59.33 (as at 2026).
Regardless of the amount of the contract value, payment of the contract value is also possible under certain conditions if there is no social security agreement between Germany and your home country on the basis of which you can voluntarily insure yourself in the German pension insurance scheme.
Get direct advice and clarity from our welcoming service team.
“I would like to thank you very much for taking the time to explain everything about the company pension plan, the transfer to my future new employer and the other background information in such a detailed and understandable way.
Your help and clear explanations have been very helpful to me. I appreciate your support very much and am grateful for the competent advice.”
Kind regards, Richard H.
If you also want to take a relaxed approach to your occupational pension scheme and get a clear overview, then simply book an appointment with our team. We're here for you - uncomplicated and at eye level!
Sometimes things don't go to plan at work and all of a sudden you find yourself without an employer. You are probably asking yourself: what actually happens to your company pension in such a case?
Even if you become unemployed, your company pension will remain in place. You can decide for yourself whether you want to continue to pay contributions during this time or let your contract rest. We will be happy to help you make the right decision for you.
During periods of unemployment, there is generally no obligation to contribute to the Occupational Pension Scheme. However, if you would still like to pay contributions, we will be happy to advise you on your options.
Even if you are on short-time working, your occupational pension scheme rights will remain in place. If you want to continue contributing to your pension, your employer will continue to subsidise your contributions. If you would like to discuss your options, we are here to help.
Congratulations! Finally, it's payday, and all that saving is about to pay off! Find out here how to cleverly manage your payout now.
Perhaps you're considering taking a career break or expecting children! Your company pension plan is as flexible as your life.
We are here for you. We'll answer your questions and clarify everything else for you. Just let us know!