EMBO pension plan for internationally mobile post-doctoral researchers

Attractive financial package encourages early start of individual pension schemes

The European Molecular Biology Organization (EMBO) has created in cooperation with MLP Finanzdienstleistungen AG (MLP) a new private pension plan for EMBO Fellows. The plan offers a benefit package that optimally suits the needs of highly mobile scientists.

Post-doctoral researchers who are beneficiaries of an EMBO Long-Term Fellowship may begin enrolling in the pension plan from 1 January 2010.

The pension plan is a unique concept that has been tailored from MLP to the requirements of EMBO Fellows and it allows to make early pension provisions without having to make any concessions in terms of their mobility. The international portability of the pension plan allows contributors to continue in the plan as they move from country to country.

MLP, a Heidelberg based independent financial services and wealth management consulting company, has developed the concept and will also administer the pension plan according to the needs of highly mobile scientists. Funds invested in the plan will be managed by Allianz, one of the highest-rated worldwide insurers operating in more than seventy countries.

All new and second-year EMBO Fellows will have the opportunity to join the pension plan. EMBC, the EMBO intergovernmental funding body, is contributing additional funding to support the international mobility of early-stage researchers. The EMBC support allows for incentive contributions of 100 euro per month during a two-year fellowship for each EMBO Fellow enrolled in the plan.

Participation in the pension plan is voluntary.

In addition to the monthly 100-euro incentive, participants in the pension plan benefit from:

• Attractive group conditions
• Flexible payment and repayment terms
• Worldwide validity of acquired benefits
• Possible continuation after the end of the fellowship
• Client friendliness: English speaking consultants