You are building up a pension with Euroclear Pension Fund OFP. You can read more about the pension scheme of Euroclear Nederland and Euroclear SA/NV Amsterdam branch (hereinafter Euroclear) in which you participate.

 

Type of arrangement

You are currently building up a pension in a mid-salary scheme*. Each year, you build up a pension on a portion of the gross salary that you earned in that year. You do not build up a pension on your entire gross salary. This is because we take into account the AOW that you receive from the government. The portion of your salary on which you do not build up a pension is called the 'deductible'. On your gross salary minus the deductible (2025: € 18,475), you build up a maximum of 1.875% in pension each year.

 

The total pension that you build up in this way is the sum of the pension built up in all those years plus the given indexations. Your final pension is therefore based on the average salary during your career. We therefore call this an average salary scheme. From your retirement date, you will receive your pension every month, for as long as you live. Do you want to know more about your pension scheme? Then read the Pension 1-2-3.

 

Pension implementation

Euroclear Pension Fund OFP is located in Belgium. This offers a number of financial and administrative advantages. This has no consequences for the pension scheme. After all, this has been agreed upon by the employer and the employees of Euroclear and must comply with Dutch social and labour legislation. The new Future Pensions Act also applies to the pension scheme of Euroclear in the Netherlands. Therefore, our pension scheme will also have to change.

 

* This arrangement has been in effect since 2015.