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.
The level of YieldCorrection
|Month||Market Interest Rate||YieldCorrection Exclusive Pension|
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.