Company pension plans are increasingly becoming a liability-laden topic for companies. Outdated pension schemes, unclear regulations or new legal requirements - such as the EU Pay Transparency Directive - are increasingly leading to challenges in practice.
In an interview with personalmagazin, our partner and labor and employment law expert Burkhard Fabritius answers current questions about company pension plans and provides a concise overview:
Employers are well advised to regularly review their pension schemes and adapt them to ensure they are legally up-to-date and easy to understand. A transparent, clearly communicated and legally compliant company pension scheme is not only important for compliance reasons. It is also a strategic instrument for retaining skilled workers.
You can find the full interview under Downloads.