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Section 20

Distribution of pension costs

(1) BaFin bears the pension benefits for the periods of service completed at BaFin by the taken-over civil servants of the Federal Supervisory Offices for Banking, Insurance and Securities Trading.
(2) The Federation bears the pension benefits for the periods of service of the civil servants following their appointment at the Federal Supervisory Offices for Banking, Insurance and Securities Trading up to their takeover into BaFin. In other respects section 107b of the Civil Servants' Pension Act applies accordingly.
(3) For the existing pension recipients of the Federal Supervisory Offices for Banking, Insurance and Securities Trading, the pension benefits are borne by the Federation.

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