Pension provisions are becoming increasingly significant for balance sheets for various reasons. In international comparison, it is already common to transfer pension liabilities to external providers. Additionally, Basel II, the mandatory accounting according to International Financial Reporting Standards (IFRS) for publicly traded companies since 2005, and the policies of rating agencies that evaluate pension provisions as debt, influence the decision in favor of outsourcing. The book presents the entire new legal framework for accounting for pension provisions in context.