What is 'Federal Civil Servants' Pension Act' in SAP ORG-LX-T9N - Team: Corporate Translation?

Federal Civil Servants' Pension Act - Overview

• Component: ORG-LX-T9N

• Component Name: Team: Corporate Translation

• Description: Federal law regulating the pensions of federal civil servants and judges.

Federal Civil Servants' Pension Act - Details

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  Key Concepts: 
  The Federal Civil Servants' Pension Act (Bundesbeamtengesetz, BBG) is a German law that regulates the pension rights of civil servants employed by the federal government. It was enacted in 1957 and has been amended several times since then. The law covers all aspects of civil servants' pensions, including eligibility, calculation of benefits, and payment of benefits. 
  
  How to use it: 
  The Federal Civil Servants' Pension Act is applicable to all civil servants employed by the federal government in Germany. It sets out the rules and regulations for calculating and paying pension benefits to eligible civil servants. The law also provides for the payment of survivor benefits in the event of a civil servant's death. 
  
  Tips & Tricks: 
  When calculating pension benefits under the Federal Civil Servants' Pension Act, it is important to take into account any changes in salary or other factors that may affect the amount of the benefit. It is also important to keep track of any changes to the law that may affect eligibility or benefit amounts. 
  
  Related Information: 
  The Federal Civil Servants' Pension Act is administered by the Federal Ministry of Finance in Germany. Further information about the law can be found on their website, as well as on other websites dedicated to pensions and retirement planning in Germany.