The ZVK-Bau is the Zusatzversorgungskasse des Baugewerbes AG. It is an inter-company pension fund for the construction industry and provides collectively agreed additional retirement benefits. Together with ULAK, it operates under the SOKA-BAU umbrella brand.
What is the role of the ZVK-Bau?
The ZVK-Bau serves to provide supplementary retirement provision for employees in the construction industry. Its collectively agreed benefits include, in particular, the construction industry pension (Tarifrente Bau) and, for certain older groups of claimants, still the pension allowance (Rentenbeihilfe).
The additional pension entitlements supplement the statutory pension. Which entitlements exist in the individual case depends on the relevant collective agreement and insurance regulations.
What is the collective bargaining basis of the ZVK-Bau?
A central foundation of supplementary retirement provision is Collective agreement on supplementary pensions in the construction industry (TZA Bau). He governs in particular the construction industry pension scheme (Tarifrente Bau) and the pension allowance.
The VTV on the other hand, primarily fulfils a procedural function within the social security fund system. Among other things, it contains regulations on contribution collection and the role of the participating social funds.
How does ZVK-Bau relate to SOKA-BAU?
SOKA-BAU is the joint umbrella brand of ZVK-Bau and the holiday and wage equalisation fund of the construction industry.
The two institutions fulfil different tasks within the collective social fund procedures of the construction industry.
ZVK-Bau and ULAK – what is the difference?
The ULAK is responsible, in particular, for the collective wage agreement procedure regarding holiday pay and vocational training. The ZVK-Bau, on the other hand, grants additional benefits to the statutory pension.
In the joint collection of contributions, ULAK generally acts as the collecting agency and also collects contributions for ZVK-Bau.
In short: The ULAK is primarily responsible for leave and vocational training - the ZVK-Bau for supplementary retirement provision.
