Law on the New Order of the Pension Fund of German Railways and Trams

Unofficial table of contents

EBPensNOG

Date of completion: 05.03.1956

Full quote:

" Law on the New Order of the Pension Fund of German Railways and Trams in the revised version published in the Bundesgesetzblatt, Part III, outline number 7633-1, as last amended by Article 2 (46) of the Law of 1 April 2015. (BGBl. I p. 434).

Status:

Last amended by Art. 2 Abs. 46 G v. 1.4.2015 I 434

For more details, please refer to the menu under Notes

Footnote

(+ + + Text proof applicable: 21.3.1975 + + +)
(+ + + measures on the basis of the EinigVtr cf. EBPensNOG Annex EV + + +) Unofficial table of contents

§ 1 Conversion of the pension fund of German Railways and trams

(1) The pension fund of German Railways and trams (cash register), body of public law, will be converted into an insurance association on reciprocity with effect from 1 January 2006. The provisions of the Transformation Act shall not apply. The members of the association are the administrations and members of the statutory bodies involved to date. (2) The Federal Ministry of Finance is authorized, by means of a decree law without the consent of the Bundesrat, to the statutes of the Federal Republic of Germany, which apply from 1 January 2006. To determine the payment of the cash register, taking into account the minimum requirements applicable to the mutual insurance association, and to determine that and how it can be changed by the cash register. (3) The members of the Board of Management shall remain in order. up to the end of the term of office for which it is before the transformation (4) The previous members of the Board of Trustees of the cash register are members of the Supervisory Board. The Supervisory Board bears the name "Kuratorium". They are appointed until the end of the term of office for which they are elected. (5) The previous Annual General Meeting will be the supreme representation of the cash register. The Management Board shall convene the next Annual General Meeting by 30 June 2006 at the latest. (6) The cash register shall be deemed to have been admitted to the business operation in the insurance division 19 of the Annex Part A of the Insurance Supervision Act. The cash register shall comply with the requirements of Section 53c (1) to (3c) and the Capital Payment Regulation no later than 31 December 2007. If the cash register has not yet fully reached the required solvency margin by 31 December 2007, the supervisory authority of the cash register may grant a period of not more than two years if the cash register has submitted a solvency plan in accordance with Section 81b (1) . Unofficial table of contents

§ 2 Continuation of supply services

(1) The insurance relationships of the departments D, E, F of the cash register shall be transferred to the Deutsche Rentenversicherung Knappschaft-Bahn-See with effect from 1 January 2006. The railway insurance institution-Department B-, from 1. October 2005 Deutsche Rentenversicherung Knappschaft-Bahn-See, continues the insurance relationships as a separate insurance portfolio. The cash register shall immediately make available to the Deutsche Rentenversicherung Knappschaft-Bahn-See all contract and business documents relating to these insurance relationships and shall provide the necessary information; You do not have the right of retention. (2) The benefits from the insurance relationships are financed by grants, in so far as the benefits from the refund payments of the holdings as well as from contributions and other revenue from the insurance companies are financed by the it does not ensure that they have established insurance relationships can be. The grants for Division D are financed by the Federal Government, the subsidies to Division E are half of the Free State of Bavaria, and the subsidies to Division F are carried half by the Saarland. The other half of the current grants is borne by the Federal Government. (3) Assets which have been withdrawn from the cash register free of charge after 8 May 1945, or which have continued to fall in other ways, shall be reimbursed or resurrected in respect of the funds. Federal Government. (4) The Federal Minister of Finance shall determine the amount of the federal grants. Unofficial table of contents

§ 3 Reaction on the use of grants

In consultation with the Federal Court of Auditors, the Federal Minister of Finance shall determine what evidence the Deutsche Rentenversicherung Knappschaft-Bahn-See has to provide on the use of the grants. Unofficial table of contents

§ § 4 and 5 (omitted)

Unofficial table of contents

Section 6 Reregulation of supply services

(1) For the beneficiaries of Division D, the insurance conditions set up to date in the annex to section 33 (1) of the cash register shall apply. If the public service obligations of the Federal Government's suppliers are changed, the Deutsche Rentenversicherung Knappschaft-Bahn-See has to re-regulate the current pension benefits from the insurance relationships of the D department. In so far as the current pensions are not based on the basic salaries of a particular grade, the changes made as part of the increases or reductions in pensions must be those of the recipient of the federal government's supply. (2) The beneficiaries of the departments E and F shall be entitled to the benefits which they provide to them in the maintenance of the existing pension scheme in accordance with the provisions of the Articles of Association of the European Parliament and of the Council of Bavarian Supply Association or the retirement pension-and Supplementary pension fund of the Saarland, Department of Retirement Pensions, would be entitled if the conditions prescribed by Bavarian or Saarland civil service law are fulfilled. If the pension rights are received by the beneficiaries of the Free State of Bavaria, or of the Saarland, the Deutsche Rentenversicherung Knappschaft-Bahn-See has to adjust the supply services from the departments E and F accordingly. Unofficial table of contents

§ 6a

The provisions of the law governing the settlement of claims arising from life and pension insurance in the version dated 15 July 1959 (Federal Law Gazette). 433) shall not apply to the insurance relationships of the pension fund. Unofficial table of contents

§ § 7 to 9 (omitted)

Unofficial table of contents

Annex EV Excerpt from EinigVtr Annex I, Chapter IV, Sachgebiet B, Section III
(BGBl. II 1990, 889, 995)
-measures in respect of the territory which has been acceded (Art. 3 Unification)-

Section III
Federal law shall enter into force in the territory referred to in Article 3 of the Treaty, with the following measures:
...

4.

The Law on the Reorder of the Pension Fund of German Railways and Trams in the revised version published in the Federal Law Gazette III, No. 7633-1, as last amended by Article 6 of the Law of 18 March 1975 (BGBl. 705), with the following proviso: § § 2 to 6a are not applied in the area referred to in Article 3 of the Treaty.