This initiative was included in the working conditions agreements finalized by the Negotiating Committee on February 12, 2007. On May 7, 2007, a Sponsoring Commission was established for this purpose; it was composed equally of representatives of potential plan participants (appointed by trade unions) and representatives of the sponsoring entity (appointed by the University of Valencia). The initial plan specifications were approved on February 26, 2008, and the Sponsoring Commission agreed to integrate the plan into PENSIOVAL III, with ASEVAL acting as the management entity and Bancaja as the depositary entity for the fund. The plan specifications have been modified on several occasions; the most recent update was established on March 3, 2022, by the Control Commission, the body that oversees the operation and execution of the Pension Plan.
Currently, benefits linked to the pension plan are determined based on the sponsor's contributions, which are managed by VIDACAIXA. Covered contingencies include permanent disability, dependency, retirement, and death.
The pension plan specifications can be consulted at the following link:
Pension Plan Administrative Management: Social Security Section – Rectorate Building, Level 2 – Tel. 963864669
