Multi-employer pension fund, VBV-Pensionskasse, is set to take over the administration of IBM Austria’s defined benefit (DB) pension fund from 1 January 2026.
The responsibilities will transfer from IBM Pensionskasse Aktiengesellschaft, marking a significant shift in the management of the company’s long-standing pension arrangements.
IBM Austria selected VBV following a comprehensive tender process, choosing the provider as a “reliable and experienced partner”. Under the agreement, VBV will oversee all occupational pension entitlements and the payment of monthly benefits.
IBM said the decision follows its regular review of social benefits to ensure secure and efficient administration.
By transferring the pension fund to VBV, the company said it is ensuring continued professional management of pension entitlements while enabling IBM to focus more strongly on its core business and navigate complex legal requirements.
“We are delighted about this new collaboration and the trust IBM has placed in us,” VBV-Pensionskasse CEO, Günther Schiendl, said. “We will be offering our TOP-VBV service to IBM beneficiaries in future.”
VBV Consult Beratung für betriebliche Vorsorge head of sales & customer service and managing director, Clemens Buchmayer, said VBV had secured a significant share of tenders in recent years and had recorded consistently strong customer satisfaction.
He added that the agreement with IBM reflects VBV’s established position in Austria’s occupational pensions market.
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