The interest accrual for the ARP plan for the first half of 2024 has been set at 3.21% on an annual basis for active members. For deferred members this is 0%. The interest accrual for the second half of 2023 was set earlier this year. For active members this is 7.4% on an annual basis. For deferred members this is 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 July onwards, the period March-March is taken into account. 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 for the period 1 July 2023 to 31 December 2023 is 7.4% on an annual basis. In the period 1 January 2024 to 30 June 2024, this is 3.21% on an annual basis. 

Are you a deferred member? Then an interest accrual of 0% will apply to you in the second half of 2023 and in the first half of 2024. During these periods, your ARP account will not grow through interest accrual.

Why don't deferred members receive interest?

The fund's return on investments was negative last year. The return on investments is used to determine the interest rate. According to the policy of Mars Pension Fund, in this situation the interest for deferred 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.