Accruing your own extra pension

You accrue pension with PME through your employer. The contribution for your pension is 27.98% of your pensionable earnings (the part of your salary on which your pension accrues). This was the agreement made by the social partners (employers and employees). 

Tax allowance 

Under the tax rules, you can use up to 30% of your pensionable earnings to accrue a pension. It’s called the tax allowance or tax scope. The contribution with PME is slightly lower. Depending on your situation, you may accrue extra pension yourself.

Accruing extra pension outside of PME

If you want to accrue extra pension yourself, you can do so with an insurer, bank or other provider. For example, with an annuity, pension savings account or pension investment account.

Calculate your allowance 

Is it possible for you to accrue extra pension? And if so, how much? This depends on your personal situation, such as your income. Also good to know: you may have a larger allowance (or scope) than you think. Because you can also use the unused allowance of the past ten years.

If you want to know how much scope you have to accrue extra pension, you can calculate this yourself using this Tax and Customs Administration calculation tool. 

Good to know

Perhaps it turns out that you can indeed accrue extra pension. However, this does not automatically mean that it is wise for you to do so. Because that depends on your personal situation and wishes.

PME does not provide advice 

We do not provide advice on specific financial products or providers. If you want to know what’s best for you, contact a financial adviser.