A company pension scheme (bAV) is defined as the accumulation of a supplementary pension via the employer. In the classic employer-financed occupational pension scheme, the employer alone pays the contributions to the future pension. However, employees can also use part of their gross salary for a company pension (deferred compensation).

Company pensions must be taxed later.

Source reference: See VDT publication "VDT article series part 5 l Glossary" and the source indicated there.