Establishment and head office
1929 Established as the Zusatzversorgungsanstalt des Reichs und der Länder (ZRL) in Berlin
1951 Renamed the Versorgungsanstalt des Bundes und der Länder (VBL)
1952 New head office in Karlsruhe
Supervision
VBL is supervised by the Federal Finance Ministry (Bundesministerium der Finanzen) and the Federal Financial Supervisory Authority (BaFin).
Boards
Executive Board with 17 members, of which 3 full time board members;
Supervisory Board with 38 members
Employees
Approximately 870
Participating employers
The Federal Government and all Länder (except Hamburg and Saarland), about 1,700 municipal employers, 90 social insurance providers and about 3,600 other employers. VBL is therefore Germany’s biggest supplementary pension provider for public sector employees.
Insured
Approx. 1.8 million compulsorily insured employees and approx. 2.3 million insured employees who are exempt from premiums.
Beneficiaries
Approx. 1.1 million pensioners
Services
Retirement, incapacity and surviving dependants’ pension schemes for public sector employees who are compulsorily insured under collective labour agreements and voluntary insurance products for supplementary capital-funded retirement pension schemes.
Pension payments
Approx. € 4.2 billion per annum
Member of
aba – Arbeitsgemeinschaft für betriebliche Altersversorgung e. V.;
EVVÖD – Europäischer Verband der Versorgungseinrichtungen des öffentlichen Dienstes