Does your company not fall within a certain collective labor agreement or a certain professional group for which a Pension scheme is mandatory? Then you are not obliged to offer a pension scheme. However, it may be wise to do this. Especially if you are in need of staff. There is a greater chance that you will retain or attract employees if you offer a pension plan. 

BrightPensioen recently conducted research into employers who do not offer pension provision. It showed that 43% of employers think that an applicant has dropped out because no pension provision was offered. Also, 40% of employees would have left for that reason. Having a pension provision can sometimes be decisive in attracting or retaining staff.

Advantages and disadvantages of offering a pension scheme
Are you considering offering a pension scheme? Then it is good to know some advantages and disadvantages. We list a few for you:

Determining pension contribution
You have a small say in how much you contribute to your pension. The amount of the pension contribution depends on two factors over which you have no influence. The amount of the pensionable salary and the AOW threshold. The pensionable salary is the employee’s gross annual salary, including holiday pay. The AOW threshold, which is determined by the government, is then deducted from the pensionable salary.

You can calculate the pension contribution on the amount that remains. In the new pension agreement, this is allowed up to a maximum of 30% of the remaining amount. You can then decide for yourself how much premium you will pay as an employer and how much will be borne by the employee. Many employers opt for a ratio of two-thirds for the employer and one-third for the employee.

Example of pension contribution costs
Suppose an employee has a gross annual salary of € 45,000. The AOW threshold in 2023 is €16,322. That leaves € 28,678 on which you can count between 1% and 30% for the pension. Suppose you opt for a percentage of 15%, then the pension contribution is € 4,301.7. You can then determine how much you pay and what share the employee receives. If you account for two-thirds, you pay € 2,867.80 for that employee. Do you employ 20 employees who all earn the same amount? The contribution then increases to €57,356.

Of course, you can significantly reduce your pension contribution by charging a lower percentage for the pension. You can also choose for the employee to contribute more.

Offering a pension takes time.
Arranging a pension for your employees takes a lot of time. Make an inventory of whether there is a need for a pension scheme and what it would ideally look like. In addition, the pension landscape is very complex. Of course we can help you design your pension scheme. Please contact us without obligation using the form below. We can also help you maintain the pension plan.

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