Company pension plan

Since 1998, Volkswagen’s Time Asset has given staff at its German locations the opportunity to be more flexible in their working lives. Time credits and bonus payments are invested in a capital fund and later converted back into a time credit for early retirement.

At the end of 2009, Volkswagen AG and 22 other entities in the Group organized their company pensions through a pension fund managed in trust by Volkswagen Pension Trust e.V. a total of €1,983 million has been contributed to the pension fund since it was set up in July 2001.

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