It’s important to us to explain the complex topic of the occupational benefit scheme as comprehensibly as possible. However, sometimes we cannot get around using technical terms. In our glossary we explain these technical terms briefly and in a reader-friendly manner.
Income from employment or self-employment (in the form of cash, payment in kind or services).
Entry threshold (BVG)
The lower income limit that determines whether or not occupational pension coverage for an employee is mandatory or not.
Extra-mandatory cover (BV)
Portion of insurance cover in occupational pension provision that exceeds the minimum cover prescribed by law.