HASPA

HASPA, or the Hamburgische Architects and Engineers Pension Fund, is a German statutory pension fund. It serves architects, engineers, and other professions, providing retirement benefits. HASPA is based in Hamburg and operates under German social security law. It is a self-governing body with a board of trustees elected by its members. The fund collects contributions from active members and employers, which are then invested to ensure future pension payments. Members are entitled to receive pensions upon reaching retirement age or in cases of reduced earning capacity. The specific details of contributions, benefits, and retirement age are determined by legislation and the fund's statutes. HASPA plays a significant role in the financial security of its members in their later years.