Common Contracts
1 similar Pension Agreement contracts
Pension AgreementPension Agreement • January 29th, 2019
Employer and employee conclude a pension agreement as set out below. The pension scheme is a Collective Defined Contribution (group defined contribution scheme) based on a defined benefit agreement. A fixed premium amount of 1.738% on a pensionable salary up to € 107.593,- (current amounts) is designed to allow for annual accrual of a retirement pension capital at age 67. This accrual is equivalent to the maximum tax-friendly accrual rate as per 1 January 2015. The accrual- based partner's pension amounts to 70% of the retirement pension. Conditional indexation applies to the pension, depending on the returns on the pension assets and the provisions of the Financial Assessment Framework. The CDC premium is fixed for a five-year period (2015-2020).
