The interest accrual for the ARP plan for the first half of 2025 has been set. For active as well as deferred members this is 1.53% on an annual basis.
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 or a deferred member? Then the interest accrual for the first half of 2025 is 1.53% 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 isn't the maximum interest rate granted?
The height of the percentage of the interest accrual is based on the price index figure, which is published by the CBS. For the price index figure from July onwards, the period March-March is taken into account. The Pension Fund aims to increase the price index figure with 3%. If the return of investments are not sufficient enough to fund this, there is a chance for a return of investment left from previous years to still grant the maximum interest rate. Since the reserve has been previously utilized, higher interest cannot be granted at this time.