Ordinance on the allocation to the special fund "Supply Fund of the Federal Employment Agency" (VFBAZV)

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VFBAZV

Date of completion: 12.06.2008

Full quote:

"Regulation on the allocations to the special fund" Supply Fund of the Federal Employment Agency " of 12 June 2008 (BGBl. 1004), as last amended by Article 1 of the Regulation of 9 December 2014 (BGBl I). 2006).

Status:

Last amended by Art. 1 V v. 9.12.2014 I 2006

For more details, please refer to the menu under Notes

Footnote

(+ + + Text proof: 17.6.2008 + + +) 

  

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Input formula

On the basis of § 366a (4) sentence 3 and 5 of the Third Book of Social Law-Employment Promotion-(Article 1 of the Law of 24 March 1997, BGBl. 594, 595), as defined by Article 1 (6) of the Law of 22 December 2007 (BGBl). I p. 3245), in conjunction with Section 1 of the Regulation on the transfer of the power to enact legal regulations pursuant to the Third Book of the Social Code on the Executive Board of the Federal Employment Agency of 15 January 2008 (BGBl. 34), the Executive Board of the Federal Employment Agency (Bundesagentur für Arbeit), in agreement with the Federal Ministry of Labour and Social Affairs and the Federal Ministry of Finance, is responsible for: Unofficial table of contents

§ 1 Height of the allocation rate

The percentage of pensions which are eligible for the special fund of the Federal Employment Agency (Bundesagentur für Arbeit) for the amount of the periodic allocations under Section 366a (2) (3) of the Third Book of the Social Code of the Social Code Fee payments (allocation rate) for the officials of the Federal Employment Agency is 80 per cent. Unofficial table of contents

§ 2 Invoice

(1) The Federal Employment Agency shall pay to the Deutsche Bundesbank the difference between the estimated supply expenditure and the estimated allocations to the Deutsche Bundesbank, which is rounded up to the full amount of millions of euros. If the estimated supply expenses exceed the estimated allocations, the Deutsche Bundesbank shall pay the difference to the Federal Employment Agency rounded up to the full amount of millions of euros. (2) deviations of the actual amount from the estimated supply expenditure and allocations, as well as inaccuracies caused by rounding carried out in accordance with paragraph 1, shall be taken into account in the determination of the first payment in the following calendar year. Unofficial table of contents

§ 3 Payment procedure

(1) The payment of the amount determined in accordance with § 2 shall be effected quarterly in each case on the penultimate working day in the first month of a quarter. (2) The further details of the payment method shall be agreed by the Federal Employment Agency and the Deutsche Bundesbank. Unofficial table of contents

§ 4 Revision

(1) The Federal Employment Agency shall, for the first time, review until 30 September 2008 and thereafter every three years up to 30 June of each year the amount of the fund's credit and the amount of the allocation rate on the basis of actuarial mathematically Calculations taking into account the respective changes in the pay and supply law. The procedure is set in agreement with the Federal Ministry of Labour and Social Affairs and the Federal Ministry of Finance. The results of the revision are determined in agreement with the Federal Ministry of Labour and Social Affairs and the Federal Ministry of Finance. (2) Revisions carried out under paragraph 1 shall give the Fund a subfinancing or over-financing of the Fund. The amount of at least EUR 50 million shall be adjusted in the current financial year at the latest with effect from the following financial year. Unofficial table of contents

§ 5 Entry into force

This Regulation shall enter into force on the day following the date of delivery.