How do you accrue pension?

You are accruing pension in an average earnings scheme

Each year, you accrue pension rights over part of the gross salary that you earn in that year. You do not accrue pension rights over your whole gross salary. Our pension fund takes account of the AOW pension that you receive from the government when you retire. The portion of your salary on which you do not accrue any pension is called the deductible.

You will accrue 1.60% pension on your gross salary minus the deductible. The total pension that you accrue this way is the sum of all those years plus any indexation. You receive this pension in monthly installments from your retirement date for as long as you live after your retirement date. This is referred to as an average pay scheme.

Further information

More information about your pension is provided in the pension regulations on the documents page of our website (in Dutch).