Versorgungswerk der rheinland-pfälzischen Rechtsanwaltskammern

Versorgungswerk der rheinland-pfälzischen Rechtsanwaltskammern

The Versorgungswerk der rheinland-pfälzischen Rechtsanwaltskammern operates as a public corporation (Körperschaft des öffentlichen Rechts) and the compulsory first-pillar pension provider for attorneys in Rhineland-Palatinate. Its governing bodies include an administrative committee chaired by Marcus Schuck, with Dr. Fred Schlossareck as deputy, while day-to-day investment execution sits under dual managing directors Peter Klöckner and Niklas Georg — the latter recruited from HSBC to lead capital allocation. The fund deploys capital across a diversified institutional portfolio typical of Germany's berufsständische Versorgungswerke: direct real estate holdings form a visible anchor, with the Weißer Höfe mixed-use development in its home city of Koblenz among its known assets. Participation in the GRESB sustainability benchmark signals systematic reporting on the environmental performance of its real-estate book. On the fund side, the scheme allocates to external managers through an architecture shaped by the ABV — the national umbrella group that coordinates investment standards and regulatory dialogue for roughly 90 professional pension schemes across Germany. Mandate coverage spans fixed income, equities, and alternative asset classes, though precise allocation splits remain unpublished. Membership growth dictates contribution inflows: the contribution rate for 2026 held steady at 18.60% of eligible income, while the assessment ceiling rose to €8,050 — an increase of €400 from 2024. In November 2025 the representative assembly voted to lift pension accrual increments effective January 2026, raising the first-tier monthly factor by 2.15% to €95.00 and the second-tier factor by 3.33% to €74.40. The scheme's administrative operations include a member portal and SEPA direct-debit mandates designed to streamline contribution collection. The fund's structural character derives from its legal form: a Körperschaft des öffentlichen Rechts with a captive membership base, insulated from both shareholder demands and retail redemption risk. Unlike corporate pension plans or insurance-managed schemes, it answers to a representative assembly of plan members rather than a profit-seeking sponsor — a governance model that permits long-duration allocation decisions calibrated strictly to actuarial liability matching.