YieldCorrection for Exclusive Pension.

YieldCorrection for Exclusive Pension.

Adjusting the contribution line with market interest rates 

Market interest rates determine the amount of the contribution that you have to pay for the partner’s, orphan’s and surviving dependants' bridging pensions for your employees. Market interest rates fluctuate. Your contribution will be adjusted in line with market interest rates. This is also known as RendementsCorrectie (in English: yield correction). As a measure of changing market interest rates, we use the 20-year Euro Swap bid rates. Check out how this works below.

Example

At a market interest rate of 0.68%, the RendementsCorrectie is 1.1%. The contributions for the partner’s, orphan’s and surviving dependants' bridging pensions will be increased by this percentage. If you receive a proposal for Zwitserleven Exclusief Pensioen, the correction is already included in the rates tables shown in the proposal.

The level of YieldCorrection

Month Market Interest Rate YieldCorrection Exclusive Pension
November 2022 2.84% -24.1%
October 2022 2.85% -24.2%
September 2022 2.36% -19.9%
August 2022 1.73% -13.3%
July 2022 2.26% -19.00%
June 2022 1.94% -15.70%
May 2022 1.77% -13.8%
April 2022 1.23% -7.10%
March 2022 0.93% - 2.8%
February 2022 0.61% 2.3%
January 2022 0.55% 3.3%
December 2021 0.32% 7.4%
November 2021 0.40% 6.0%
October 2021 0.49% 4.4%
September 2021 0.30% 7.7%
August 2021 0.26% 8.5%
July 2021 0.47% 4.7%
June 2021 0.50% 4.2%
May 2021 0.55% 3.3%
April 2021 0.46% 4.9%
March 2021 0.36% 6.7%
February 2021 0.11% 11.40%
January 2021 -0.02% 14.10%
December 2020 0.02% 13.3%
November 2020 -0.03% 14.30%
October 2020 0.02% 13.3%
September 2020 0.13% 11.00%
August 2020 -0.01% 13.9%
July 2020 0.06% 12.4%
June 2020 0.12% 11.2%
May 2020 0.03% 13.1%
April 2020 0.22% 9.3%
March 2020 0.12% 11.2%
February 2020 0.31% 7.5%
January 2020 0.55% 3.3%

The level of RendementsCorrectie depends on current market interest rates.

  • We calculate the RendementsCorrectie percentage on every first working day of the month. At the time of acceptance of our proposal, we will calculate the final RendementsCorrectie. We will do so using the market interest rate for the month in which we received the signed administration agreement from you. The RendementsCorrectie is fixed for the term of the agreement.
  • Read more about the RendementsCorrectie in your proposal. And about how the RendementsCorrectie is calculated for your contract.

YieldCorrection for Net Pension

In addition to Zwitserleven Exclusive Pension, have you also taken out insurance for a Net Pension for employees with a salary in excess of EUR 112.189 (2021)? And have you also taken out insurance for a net pay partner's pension and net pay orphan's pension for these employees? Then the same RendementsCorrectie applies for Zwitserleven Exclusive Pension and Net Pension.