Total premium
The total premium will be (maximum) 33.4% of your pension base.
Unilever and the trade unions have agreed that the contribution for your pension (paid jointly by you and Unilever) will be capped at a maximum of 33.4% of the pensionable salary base*:
- 30% is intended as a contribution to your individual pension capital. This capital will later be used to finance your retirement income.
- 3.4% is allocated to cover risk premiums (for survivors pension and disability provisions) and administrative costs.
Please note: There is a real possibility that costs will exceed 3.4%. The excess then will be deducted from the contribution to the individual pension capital, resulting in a contribution of less than 30%.
This is determined annually in advance.
* The pensionable salary base is your gross salary minus a threshold amount. This threshold is linked to the Dutch state pension (AOW) you will receive later.
Full-Time Example (Gross Annual Salary €78,475)
Calculation of the pensionable salary base:
|
What |
Amount (€) |
|
Gross annual salary |
€78,475 |
|
AOW threshold (franchise) |
– €18,475 |
|
Pensionable salary base |
€60,000 |
Calculation of the contribution:
|
Total contribution |
33.4% of €60,000 = |
€20,040 |
|
Contribution that you pay |
3% of €60,000 = |
€1,800 |
|
Contribution Unilever pays |
30,4% of €60,000 = |
€18,240 |
Please note: €60,000 refers to the gross annual salary before deductions (not the part-time equivalent). In the case of part-time employment, the contribution is multiplied by the part-time percentage.