Pension accrual in Belgium
Pension is the income you will receive if you stop working upon reaching retirement age. The pension system in Belgium consists of three pillars.
- Statutory pension (‘rustpensioen’). This pension is paid out to anyone who worked in Belgium or for a Belgian employer abroad. The statutory pension is based on the person’s career, age and family situation.
- The supplementary pension from DuPont Belgium and/or other employers. The agreements relating to supplementary pension are set out in pension rules.
- You may also choose to accrue personal supplementary pension. You close a personal life insurance with a financial institution based on annual deposits. You personally determine the amount of the deposits. A pension savings plan may give you entitlements to tax deduction.
For more information about the Belgian pension system, please refer to: