Invalidity pensions and BVG pensions
At the IntegralStiftung your claim to an invalidity pension within the scope of BVG benefits begins as soon as you are entitled to claim an invalidity insurance (IV) pension and, at the latest, when any salary or wage replacement benefit payments of whatever kind are no longer being made. This claim expires if you are no longer an invalid, i.e. incapable of working; you have reached the standard retirement age or if you should die. Your pension plan defines how much annual invalidity pension you would be entitled to claim.
Invalidity pensions within the scope if BVG benefits are calculated using specific parameters, namely either the annual wages or the pension assets which the insured person has at the time they become unable to work. Any changes in the degree of invalidity will result in a review and, where applicable, adjustment of the benefit claim.
If you are insured with the IntegralStiftung you have a claim to:
· A full invalidity pension if you are at least 70% disabled as defined by the IV;
· A three-quarter pension if you are at least 60% disabled as defined by the IV;
· A half pension if you are at least 50% disabled as defined by the IV;
· A quarter pension if you are at least 40% disabled as defined by the IV.
Pensions for the children of invalids
If you receive an invalidity pension from the IntegralStiftung then each child who would be entitled to claim an orphan’s pension if you died is entitled to claim an invalid’s children’s pension from the IntegralStiftung. This is an integral element of our regulations here at the IntegralStiftung. Payment of this children’s pension continues for as long as you receive an invalidity pension and ends at the latest when the claim to an orphan’s pension under the terms of our regulations expires. Your pension plan defines how much pension your child or children would be entitled to claim under the terms of an invalid’s children’s pension.
Possible exemption from contributions
As a rule, insured persons who have been unable to work for at least three months are entitled to non-contributory continuation of their retirement and risk insurance. This is intended to relieve the financial burden on them. Exemption from contributions by the IntegralStiftung will continue for as long as the insured person is unable to work respectively is incapacitated and, at most, until they reach the standard retirement age.