COVID-19: Occupational Pensions and Employee Severance Provision
Posted
This article is only available in German.
One of our cooperation partners, Erich R. Hoffmann, has compiled information on the potential effects of Covid-19 on occupational pensions and employee severance provision.
We are pleased to make this concise information available to our clients:
In this context, we would also like to point out that an actuarial valuation of entitlements must be carried out both when certain measures affecting those entitlements are taken and when former employees become entitled to benefits – immediately, or at the latest by the next balance sheet date.
We and our cooperation partners are happy to answer any questions and provide advisory services.
Tetyana Kohansal
