Versorgungsanstalt des Bundes und der Länder (VBL)
The Versorgungsanstalt des Bundes und der Länder (VBL) has been providing public-sector occupational pensions for 80 years. It is the largest provider of supplementary pensions in Germany. Occupational pensions are based on the collective labour agreements negotiated between employers and the unions.
Currently some 5,400 participating employers and about 4.3 million insured employees use VBL’s services. We manage more than € 12 billion of employee and employer contributions. Therefore we are one of the biggest institutional capital investors in Germany.
More than 1.2 million pensioners receive a supplementary pension from VBL alongside their state pension. We pay out about € 4.6 billion in supplementary pensions every year.
VBL is the first port of call for the public sector when it comes to occupational pensions. We advise and inform employees, pensioners and employers alike. As a public agency, we do not charge broker commission or sales fees. Our customers benefit from below-average administration costs.