By Luigi Serenelli2021-03-17T16:21:00+00:00 Deutsche Bahn has added €1.1bn into a pot set for future pension provisions of its employees. Persistently low interest rates are denting the value of pension provisions overall, driving Deutsche Bahn to increase the total amount of reserves set aside for pension liabilities to a total of €6.5bn. Its liabilities – which have been particularly hit by low interest rates – cover its more than 200,000 employees in Germany. A spokesperson for the company said “historically low levels of interest rates have lead to an arithmetical increase in pension provisions.” Meanwhile, the German Institute of Pension Actuaries (IVS), an affiliate of the Association of Actuaries (DAV), has again called to reduce guarantees on pension promises.