The interest accrual for the ARP plan for the first half of 2023 has been set. For active members this is 13.0%. For former members this is 0.0%.

How do you accrue pension in the ARP plan?

In the ARP plan you build up capital in your ARP account. That capital can grow through the premiums that are paid. In addition, the account can grow due to the addition of interest.

How is the interest rate determined?

The interest rate is always set in advance for six months, whereby the following applies:

• The interest rate is based on the price index figure, which is published by the CBS. For the price index from January onwards, the period September-September is taken into account.
• The percentage is a maximum of 3% higher than the price index figure.
• The percentage is a minimum of 0% and a maximum of 13% on an annual basis.
• The percentage depends on the return on investments of the fund and the interest accrual is only possible if the pension fund has sufficient money to do so.
  
   

What does this mean for me?

Are you an active member? Then the interest accrual of 13.0% in the period from 1 January 2023 to 30 June 2023 applies to you.

Are you a former member? Then the interest accrual of 0.0% in the period from 1 January 2023 to 30 June 2023 applies to you. That means that during this period, your ARP account will not grow due to the addition of interest.

Why don't former members receive interest this half year?

The fund's return on investments in the first half of last year was negative. The return on investments in this period is used in determining the interest rate. According to the policy of Mars Pension Fund, in that situation the interest for former members is topped up to 0%. This prevents the ARP capital from getting smaller. For active members, the policy is that interest can still be awarded on the basis of the price index in the event of a negative return on investments, if the fund has sufficient money to do so.