Regulatory Alerts2022-05-25
Regulation of the Financial Market Authority on the calculation of the minimum yield pursuant to Article 2 para. 4 PKG
The Financial Market Authority issued this regulation to define the calculation methods for minimum yields under the Austrian Pensionskassen Act. It establishes precise formulas for determining monthly yields, assets, and performance metrics to compute target and actual values over a 60-month period. The document mandates the calculation of deficits and reference values for beneficiaries, requiring pension companies to credit resulting pension benefits from their own funds when actual performance falls short of targets.
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