An agreement between bargaining partners whereby the employee forgoes part of his or her salary [or bonus] in return for a corresponding, or enhanced contribution by the employer to an investment fund or pension scheme. Such agreements usually have tax advantages for at least one partner and are particularly popular among high-salaried employees. – See qualifying period.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/