You are not born a civil servant, you have to earn this status first. Just like other workers, civil servants have a trial period. Only when this has ended is the status for life. The employment relationship can be terminated during the trial period.
Afterwards, the official cannot be terminated. He is only threatened with dismissal from civil service in the event of serious misconduct. The same applies to the other public sector employees. They enjoy the same non-termination status as their civil servants. It is therefore no wonder that the banks argue about this target group and outbid themselves with offers.
Loan to lifetime officials
Those who have achieved status no longer have to worry about financial matters. Not only does the salary arrive on time in the checking account, the pension is also taken care of, since the state also pays the employee’s share of the pension contributions. An official can therefore count himself lucky if he applies for a loan from his bank, because a rejection is hardly to be expected.
The officials benefit from particularly low interest rates and longer terms without affecting the amount of the interest. The banks practically reward the professional status that an official holds. It is no risk for them to grant a loan to lifetime officials. Failures are not to be expected. Anyone who is a civil servant for life usually stays until his retirement.
Nevertheless, protection is still the order of the day
An official quickly gets a loan from the banks, but provision should be made for large amounts of credit. Many officials use loans to buy or build real estate. These loans are for a longer period of time and after the first financing, follow-up financing comes into consideration after the first loan contract has expired.
To ensure that the family does not face bankruptcy in the event of death, a long-term loan should be secured accordingly. Police officers, in particular, should consider securing their family, as this job involves a high level of risk.
When can an official become unemployed?
Usually, an official only faces transfer to another agency if he has been guilty of something. In the event of gross misconduct, however, he can be dismissed from service. However, this requires criminal acts, otherwise it will be difficult to end the employment relationship. But an official also has the option of terminating service with the state on his own and switching to the free economy. However, this also means the loss of special status, which can also affect a loan for life officials.