Occupational Pension Funds: Deposits in Investment funds +32%

Professional Services › Insurance ♦ Published: April 12, 2011; 06:44 ♦ (Vindobona)

By the end of 2010, the volume of pension rights of the ten occupational pension funds operating in Austria amounted to € 3.56bn, representing an increase of 26% compared with the end of December 2009.

Occupational Pension Funds: Deposits in Investment funds +32% / Picture: © Vindobona.org

The volume of pension rights - these are the pension rights managed through the Occupational Pension Funds (BVK) – amounted to a total of € 3,56bn by the end of 2010. There was an increase of € 0.74bn, or 26% compared with the end of 2009.
Since the first quarter of 2010, there is a tenth retirement fund in Austria - the "fair-finance Vorsorgekasse”.

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