We calculate the premium (the 'defined contribution') for your capital on this part of your salary
| Your defined contribution is determined on a portion of your gross salary. For more information, please see Article 6 and 7 of the Payroll pension plan. The salary that counts towards pension accrual is called the ‘pensionable salary’. The defined contribution is a percentage of your pensionable salary less the deductible (the portion of the salary on which you do not accrue pension because you are getting a state pension). This percentage is 13,4% and it does not depend on your age. See the example below for a more detailed explanation |
Mr Smith earns €2,400 in a month. The deductible for that month is The contribution that Mr Smith adds to his pension capital that month is: 13,4% x € 802.33 = € 107.51. |
| The regulations set out precisely what you will receive in our pension scheme. The regulations can be downloaded here (in Dutch). |
