How do you accrue pension?

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. Your pension administrator has taken 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 0.97% 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 instalments from your retirement date for as long as you live after your retirement date. This is referred to as an average pay scheme.


More information

The regulations set out precisely what you will receive in our pension scheme. The regulations can be downloaded here (in Dutch).