We invest for the long term
16 April 2025The import tariffs announced by the United States caused declines on the stock markets. Many reports about this appeared in the news last week. We can imagine this raises questions.
Pension scheme as of 1 January 2020
20 February 2020 | NewsIn consequence of the CAO (Collective Bargaining Agreement) consultation, as of 1 January 2020 a change will be made to the pension schemes with regard to one-off indexation compensation payments that were pensionable and the accrual of pension by partially occupationally disabled persons.
As of 1 January 2020, the one-off assessment CAO 1-7 and Eind RSP 16-25 allowance is no longer pensionable. Also, as of 1 January 2020, the regulations include the ruling that pension accrual during a period of occupational disability will not be adjusted.
Franchises and (fiscal) limits have been updated per 1 January 2020.
The most important alterations regarding franchises and limits are shown below:
– Pension franchise*: € 15,178 (2019: € 14,770)
– Contribution franchise**: € 14,171 (2019: € 13,790)
– Maximum pensionable salary on an annual basis: € 110,111 (2019: € 107,593,-)
– Commutation limit for small pensions: € 497.27 (2019: € 484.09
Changes in contribution per 1 January 2020 were set out in the newsletter of December 2019.
See the Pension Scheme Rules and Regulations for this year
* The pension franchise is that part of the pensionable salary not taken into account when determining pension entitlements.
** The contribution franchise is that part of the pensionable salary not taken into account when determining the member’s and the employer’s contribution.
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