Consumer advice center is again suing against pension cuts for Riester contracts. As of: February 13, 2024, 6:01 p.m By: Amy Walker CommentsPressSplit With private pension plans, it often happens that the pensions are reduced long after the contract has been concluded.

Insurers are citing declining returns on the capital market. A court finds this doubtful. Berlin – Are insurance companies allowed to adjust the pension factor for private pension provision so that a smaller pension is paid out later? A regional court in Cologne has already decided that this is not possible.