Calculating the death benefit. Contrary to the provisions of Article 7:674 of the Dutch Civil Code, the amount of death benefit is calculated over the period from the day after the employee’s death up to and including the last day of the second month subsequent to the month in which the death took place.
Calculating the death benefit. Contrary to the provisions of Article 7:674 of the Dutch Civil Code, the amount of death benefit is calculated over the period from the day after the employee’s death up to and including the last day of the second month subsequent to the month in which the death took place. scheme dated 1 January 2015, corresponding to the scheme the parties to this collective agreement have set out in the ‘Agreement on Voluntary Early Retirement, Pre- pension and Life-Course Savings (VPL) with regard to the Metalektro. The employer must subsequently continuously maintain said arrangements. Said arrangements to be made by the employer must also stipulate that, in the event of personal and collective change of employment within the Metalektro, no loss of conditional additional pension entitlements will occur, however only if and insofar as these entitlements have not yet been acquired (prior to retirement), making them unconditional. This transitional scheme can be financed through payment of a yet-to-be-determined contribution. The employee’s part in this contribution will be no more than 50% of the difference between this contribution and the contribution for Metalektro Pension Fund for the conditional additional pension as last determined in 2020.
