Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 12 AUGUST 2024

Germany: Proposals To Expand Occupational Pension Participation

WTW
Explore more from WTW

Germany unveils its proposals to help more workers save for retirement by boosting pension plan coverage and allowing greater flexibility in company-provided plans.

GermanyEmployment and HR
Michael Karst
Michael Karst
Hanne Borst
Hanne Borst

Germany unveils its proposals to help more workers save for retirement by boosting pension plan coverage and allowing greater flexibility in company-provided plans.

Employer Action Code: Monitor

The government has finally released its long-awaited pension reform proposals under the draft Second Act to Strengthen Occupational Pensions (Zweites Betriebsrentenstärkungsgesetz).  The main goal of the reforms is to extend coverage of occupational pension plans to the roughly half of the workforce that currently does not participate in such plans (Federal Ministry of Labor and Social Affairs data). The proposals also aim to make company pensions more flexible. Read WTW Germany's detailed analysis of the act in our press release: Referentenentwurf des Gesetzes zur Änderung des BetrAVG veröffentlicht.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Germany’s Pension Reform 2026: What The Commission's Recommendations Mean For HR And Restructuring Practice

Germany's Pension Commission has proposed sweeping reforms that would fundamentally reshape retirement planning, workforce transitions, and employment structures. From dynamic retirement ages linked to life expectancy to the potential elimination of the senior part-time block model and minijobs, these recommendations carry profound implications for employers navigating restructuring, social plans, and pension commitments.
GermanyEmployment and HR
A&O Shearman
A&O Shearman
Article

Coalition Package July 2026: What The Planned Reforms Mean For Your Company

Germany's coalition government has proposed sweeping reforms to employment law that would fundamentally alter fixed-term contracts, dismissal protections, employee co-determination, and sick leave requirements. The package aims to strengthen Germany's competitive position amid technological change and demographic pressures, offering employers expanded flexibility while maintaining worker protections. These initiatives signal the most significant restructuring of German labor law in years, with implications
GermanyEmployment and HR
PwC Legal Germany
PwC Legal Germany
Article

Koalitionspaket Juli 2026: Was die geplanten Reformen für Ihr Unternehmen bedeuten

Germany's coalition government has proposed sweeping reforms to employment law that could fundamentally reshape fixed-term contracts, dismissal protection, co-determination rights, and sick leave reporting. The measures aim to strengthen Germany's competitiveness amid technological change, demographic pressure, and international competition, offering employers significantly expanded flexibility while tightening certain compliance requirements.
GermanyEmployment and HR
PwC Legal Germany
PwC Legal Germany
Article

Fixed-Term Employment Without Objective Grounds For Up To Four Years? What The Proposed Reform Means For Employers

Germany's Coalition Committee has proposed extending fixed-term employment contracts without objective justification from 24 to 48 months, with up to six extensions permitted. The reform introduces the concept of "renewed initial hiring" and raises critical questions about prior-employment prohibitions, transitional provisions for existing contracts, and the temporal scope of application.
GermanyEmployment and HR
Littler Mendelson
Littler Mendelson