The company’s retirement plan is an important component of our total compensation package. Celanese offers its employees a comprehensive retirement plan consisting of basic and additional coverage. In addition, it offers its employees the option of converting a limited portion of their salary into retirement fund payments.

Basic coverage: For the basic retirement plan coverage, a percentage of the employee’s monthly salary is paid into the company’s retirement plan; this contribution is matched by the company. The contribution the employee pays into the basic system is based on the standard German threshold level for income assessable for contributions.

Additional coverage: For any portion of the employee’s salary which is above the standard German income threshold level for assessing contributions, the company pays an additional amount towards that employee’s retirement coverage.