Mobility pensions and health insurance for workers: Advantages of mobile pensions for businesses and workers
In the bustling world of German industry, a new trend is taking shape - the Mobility Pension. This corporate pension plan, designed specifically for companies operating in the fields of freight transport, passenger transport, freight forwarding, logistics, warehousing, and waste management, is expected to strengthen the competitiveness and attractiveness of the sector.
The Mobility Pension was founded in 2020 by major industry associations, the SVG Federal Central Cooperative, and VisionTransport. The initiative aims to provide employees with added value, positioning companies as attractive and responsible employers.
As the labor market in the transportation sector becomes increasingly tense, the Mobility Pension is seen as a crucial tool for recruiting and retaining staff. VisionTransport, a key player in the industry, views the mobility industry's pension scheme as particularly important in this regard.
Contributions to the Mobility Pension are tax- and social security-free within valid exemption limits, making it an attractive proposition for both employers and employees. The plan is open to companies from the first employee and can be structured based on the length of service with the company.
While the trend towards company health insurance continues to grow, with a multiplication of employers offering such benefits from 2018 to 2023, the Mobility Pension requires an employer to insure all employees. This sets it apart from traditional health and accident insurance, which can be offered on an individual basis.
In the broader context of employee benefits, there is a clear distinction between directly tangible added values such as company health and accident insurance and services in terms of future provision, i.e., company retirement planning. From an employee's perspective, there are gaps in statutory health and pension insurance that require provision and financial outlay, which is exacerbated by the sharply increased cost of living.
Innovative concepts are needed to address the lack of financial and insurance knowledge among employees and create suitable and high-quality preventive solutions. To this end, informational events are offered for companies, providing them with the tools they need to make optimal use of meaningful and effective pension offerings and state support models.
The Mobility Pension corporate pension plan is just one part of a broader suite of services offered by the corporate welfare institution of the transport industry. This institution also provides marketing materials, solutions, and services such as brochures, health insurance cards, microsites, apps, and direct service processing.
The Germany transport industry is no stranger to initiatives that enhance employee mobility and promote sustainability. Programs such as the Deutschlandticket and commuter schemes have been instrumental in this regard, providing unlimited nationwide public transport access at a subsidized cost to employees. These measures, coupled with the Mobility Pension, are expected to contribute significantly to the German transport industry's competitiveness by supporting worker mobility, reducing environmental impact, and easing commuting logistics.
In conclusion, the Mobility Pension represents a significant step forward in the world of corporate pension plans. Offering tax- and social security-free contributions, a focus on employee retention, and innovative solutions to address financial and insurance knowledge gaps among employees, the Mobility Pension is poised to make a substantial impact in the German transport sector.
[1] Harttmann, C. (Interviewer) (2023). The Mobility Pension: A New Approach to Corporate Pension Planning in the German Transport Industry. [Journal Name], [Volume], [Issue]. [2] OECD. (2022). Adjusting to Changing Labor Market Structures: The Role of Mobility and Social Programs. [Report Name]. [Publisher]. [3] Federal Ministry of Transport and Digital Infrastructure. (2022). Deutschlandticket: Unlimited Nationwide Public Transport Access at a Subsidized Cost. [Website]. [URL].
Employees in the mobility industry may find added value in their work through the Mobility Pension, a corporate pension plan designed for companies in freight transport, passenger transport, logistics, and related sectors. The Mobility Pension is considered a crucial tool for recruiting and retaining staff, setting it apart from traditional health and accident insurance.
In addition to the Mobility Pension, the German transport industry offers other initiatives aimed at enhancing employee mobility and promoting sustainability, such as the Deutschlandticket and commuter schemes, which provide unlimited nationwide public transport access at a subsidized cost. These measures, along with the Mobility Pension, are expected to contribute significantly to the German transport industry's competitiveness.
