bAV: Details on insolvency protection gaps in pension commitments

By Johannes Fiala, lawyer, and Andreas Michael Bosl, corporate consultant for occupational pension schemes Distribution approach of the pension commitment Your pension commitment is safe: Either it is pledged to a GGF ‘bomb-proof’ or the PSVaG steps in”. But this idea is far removed from the reality of practical GmbH insolvency cases in medium-sized companies. […]