Pensionskasse der Genossenschaftsorganisation VVaG

What Pensionskasse der Genossenschaftsorganisation VVaG does

Pensionskasse der Genossenschaftsorganisation VVaG (DBA: PKGeno) is a Munich-headquartered, legally recognized German Pensionskasse structured as a Versicherungsverein auf Gegenseitigkeit (VVaG) — a mutual insurance association owned by its policyholders rather than external shareholders. It provides occupational retirement benefits (betriebliche Altersversorgung) exclusively to employers and employees of the German cooperative organization (Genossenschaftsorganisation), combining employer-financed pension contributions with employee salary conversion (Entgeltumwandlung) channels that also accommodate Riester and Rürup pension products. Membership is restricted by statute to entities affiliated with the cooperative community, aligning the company with the principles of self-help, self-responsibility, and self-governance.

The product portfolio consists of two core tariffs: bAVFlexx, a flexible and customizable occupational pension plan launched in 2025 in co-development with Union Investment, and BUZ5, an occupational disability insurance rider (Berufsunfähigkeitszusatzversicherung). No proprietary technology stack or technical architecture is publicly disclosed; the operational interface is a self-service member portal at serviceportal.pkgeno.de supplemented by telephone and in-person consultation. Distribution is direct — no third-party brokers or resellers — and limited to Germany, with no foreign-market activity.

The revenue model is built on recurring contributions: employer premium contributions for occupational retirement provision and employee salary-conversion allocations, both structured as ongoing, long-duration payment streams. The company is mutually owned, has no external shareholders, and pursues long-term liability-matched capital management — including direct real estate investments such as the anchor-investor position in the Polizeipräsidium Alsfeld project alongside Praeclarus — rather than short-term profit optimization. Pricing, contribution rates, fees, revenue, and asset figures are not publicly disclosed; the company publishes annual reports (Geschäftsbericht 2024 and 2025).

Name

Pensionskasse der Genossenschaftsorganisation VVaG

Legal name

Pensionskasse der Genossenschaftsorganisation VVaG

Website

https://pensionskasse.coop

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

11–50 employees

Short description

Pensionskasse der Genossenschaftsorganisation VVaG (PKGeno) is a Munich-based German mutual Pensionskasse providing occupational retirement benefits exclusively to employers and employees of the cooperative organization via its bAVFlexx and BUZ5 tariffs.

Ownership category

akta.pro rank

Product category

Occupational Pension Insurance

NAICS

Pension Funds (525110), Insurance and Employee Benefit Funds (5251)

SIC

Life Insurance (6311)

akta.pro primary industry

Pensions & Retirement Benefits Administration (BPAIAKAA)

akta.pro secondary industry

Group Disability Income Insurance (Employer-Sponsored) (FSAIAIAB)

Keywords

• Occupational pension plans
• Mutual insurance association
• Company pension schemes
• Disability insurance coverage
• Cooperative retirement benefits

Headquarters

HQ city

München

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure

Revenue model

1. Employer Premium Contributions: The Pensionskasse collects premium contributions from employers financing the occupational retirement benefits (betriebliche Altersversorgung) for their employees.
2. Employee Salary Conversion (Entgeltumwandlung): Employees voluntarily redirect a portion of their salary into the pension scheme, including Riester and Rürup pension products. These contributions are managed within the occupational retirement framework.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Pensionskasse der Genossenschaftsorganisation VVaG (PKGeno) is a German mutual insurance association (Versicherungsverein auf Gegenseitigkeit, VVaG) that administers occupational retirement benefits (betriebliche Altersversorgung) exclusively for employers and employees of the cooperative organization (Genossenschaftsorganisation). It collects employer-financed pension contributions and employee salary-conversion contributions (Entgeltumwandlung, including Riester and Rürup products) and manages the capital long-term to provide retirement, disability, and survivor benefits. Its product portfolio centers on the bAVFlexx occupational pension tariff and the BUZ5 occupational disability insurance tariff.

Product overview

Pensionskasse der Genossenschaftsorganisation VVaG offers occupational pension and insurance products specifically designed for members of the cooperative organization. The portfolio consists of two main tariff products: bAVFlexx (a flexible occupational pension plan) and BUZ5 (occupational disability insurance). The company also provides supplementary services including a service portal, download center, and a tariff calculator (Tarifrechner) for members.

Differentiator

Problem solved

Functional benefit

Brands

• bAVFlexx: Occupational retirement provision tariff offering flexible design options for company pension schemes.
• BUZ5

Products and services

• bAVFlexx A flexible occupational pension plan (betriebliche Altersversorgung) tailored for employees and employers of cooperative organizations, offering customizable design options for company pension schemes including employer-financed contributions and employee salary conversion (Entgeltumwandlung).
• BUZ5 Occupational disability insurance tariff (Berufsunfähigkeitszusatzversicherung) providing financial protection against loss of professional capacity, designed as supplementary disability coverage for employees of cooperative organizations participating in the PKGeno occupational pension framework.

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• Union InvestmentcoreStrategic or Co-development Partner · 1 January 2025The company collaborated with Union Investment on the launch of its bAVFlexx tariff. Union Investment's Vorstand Andre Haagmann participated in a joint interview with PKGeno's Vorstände Karsten Weber and Ralf Filipp for the Genossenschaftsmagazin 'Profil' to mark the bAVFlexx tariff launch, indicating a co-marketing and co-development relationship between the two organizations.
• PraeclarusminorStrategic or Co-development PartnerPKGeno acted as Ankerinvestor (anchor investor) in the development of the new Polizeipräsidium (police headquarters) in Alsfeld, collaborating with Praeclarus on this real estate investment project.
• Unterfränkische Überlandzentrale eGminorOthersThe company sources its eco electricity (Ökostrom) from Unterfränkische Überlandzentrale eG, a cooperative energy supplier that has been reliably supplying approximately 55,000 customers for over a century. Both the Pensionskasse and the energy supplier are members of the cooperative family (genossenschaftliche Familie).

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• R+V Pensionsversicherung a.G. R+V Versicherung is the primary insurer of the German cooperative financial network (Volksbanken/Raiffeisenbanken) and offers a broad bAV product suite; while not exclusively a Pensionskasse, its deep cooperative sector ties and VVaG structure make it the most direct broad incumbent peer for PKGeno.
• Versicherungskammer Bayern (Versorgungskammer Bayern group): Large German public-sector and corporate pension provider within the Versorgungskammer group, headquartered in Munich like PKGeno; offers competitive occupational pension products to corporate and public employers across Bavaria, overlapping PKGeno's geographic footprint.
• Allianz Lebensversicherungs-AG: Germany's largest life insurer and dominant bAV provider with corporate pension plans, Riester/R\u00fcrup products, and disability riders; competes for cooperative employer contracts on scale, product breadth, and digital servicing capability.

Others

• Union Investment Real Estate GmbH: PKGeno's strategic partner for the bAVFlexx tariff and asset management; enabling/partner relationship rather than direct competitor, but a key capital and product partner shaping PKGeno's go-to-market.
• Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken (DGRV): National apex association of the German cooperative sector that PKGeno serves; adjacent rather than competitive, but representative of the institutional ecosystem that defines PKGeno's addressable member base and brand positioning.

Direct peers

• Versorgungswerk der deutschen Wirtschaft VVaG: Another German VVaG Pensionskasse providing occupational retirement benefits; directly comparable mutual structure, regulatory regime, and bAV product focus, although serving a different vertical (broader German business community rather than cooperatives specifically).
• Debeka Pensionskasse VVaG: Large mutual insurance group running a Pensionskasse focused on German civil servants and corporate bAV clients; another VVaG peer offering Riester, R\u00fcrup and employer-financed bAV products with strong distribution in Germany.
• Versorgungswerk der Zahnärztekammer (e.g., Norddeutsche \u00c4rzteversorgung): German professional chamber pension fund (Versorgungswerk) for healthcare professionals; comparable VVaG-style mutual governance, multi-decade occupational pension liabilities, and closed-membership model, although serving a professional rather than cooperative vertical.
• Signal Iduna Pensionskasse VVaG: Mutual insurance group operating a Pensionskasse for trade and craft cooperatives (Handwerk), sharing the VVaG mutual structure and cooperative-sector roots with PKGeno while serving an adjacent cooperative vertical.
• Pensionskasse der Mitarbeiter der Allianz VVaG: Allianz Group's in-house Pensionskasse, structured as a VVaG providing occupational pensions to Allianz employees; shares the German Pensionskasse/VVaG legal form, bAV product design, and BaFin-supervised regulatory environment as PKGeno.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/pkgeno

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pensionskasse der Genossenschaftsorganisation VVaG