The Bosch Pensionsfonds received three top-tier European awards yesterday evening at the “Investment and Pensions Europe” (IPE) conference in Seville. It convinced the jury as the best German pension fund, the best corporate pension fund in Europe, and in the “Portfolio Construction & Diversification” category.
Dirk Jargstorff, CEO of Bosch Pensionsfonds AG, stated: “This recognition from Investment & Pensions Europe fills us with great pride and is a testament to the innovative work and dedication of our entire team. In particular, the seventh award as “Best Corporate Pension Fund Europe” underscores that our pension fund sets standards not only in Germany but across Europe. This motivates us to continue ensuring the best possible pension provision for our associates and to continuously develop our system.”
The Bosch Pensionsfonds was honored for the sixth consecutive time and for the 13th time overall in the “Best Pension Fund Germany” category, confirming its leading role in the German market. Furthermore, its expertise in strategic capital investment was recognized: For the second time, the pension fund convinced in the Europe-wide “Portfolio Construction & Diversification” category, highlighting its advanced and robust investment approaches.
Since its foundation in 2001, the Bosch Pensionsfonds has written a remarkable success story thanks to its innovative strength and successful investment strategy, having received 33 European awards to date.
The Bosch Vorsorgeplan
With the Bosch Vorsorgeplan, Bosch offers its employees an attractive pension plan based on one of the most modern pension systems in Germany. In addition, employees and their families are already covered during their working life in the event of disability or death.
Bosch builds up a pension fund with company contributions for the employees and bears the costs for this. The employees have the opportunity to further increase this pension credit through their own contributions. All contributions are based on the investment result of the Bosch Pensionsfonds. The contributions are guaranteed by the company as a minimum benefit in old age. In retirement, the balance is available as an additional income with flexible payout options.
The Bosch Pensionsfonds
The Bosch Pensionsfonds, in which contributions from the company and employees are paid, is at the heart of the financing of the Bosch Vorsorgeplan. It is the first company-owned pension fund in German industry and the largest in Germany.
The investment strategy is long-term oriented and is characterized by a broad mix and diversification of the capital investment. What is special about this is that the performance of the capital investment benefits exclusively employees at low administrative costs, as the Bosch Pensionsfonds has no intention of making a profit.
