Mars pays the contribution for the capital
Mars pays the contribution for the capital in the ARP/ASP plan. In addition, you pay a mandatory employee contribution for the ASP plan.
ARP plan
Mars pays the contribution for the ARP plan. The contribution paid by Mars is a percentage of your pensionable salary. The percentage paid by Mars for your contribution rises as you get older.
Contribution percentages
The contributions applying in the ARP/ASP plan are shown in the tables below.
ARP
| Age |
ARP contribution percentage paid in as capital* |
|---|---|
| Age from 15 to 19 years inclusive | 7,5% |
| Age from 20 to 24 years inclusive | 8,3% |
| Age from 25 to 29 years inclusive | 9,4% |
| Age from 30 to 34 years inclusive | 11,0% |
| Age from 35 to 39 years inclusive | 12,3% |
| Age from 40 to 44 years inclusive | 14,2% |
| Age from 45 to 49 years inclusive | 15,8% |
| Age from 50 to 54 years inclusive | 17,8% |
| Age from 55 to 59 years inclusive | 19,8% |
| Age from 60 to 64 years inclusive | 21,7% |
| Age from 65 to 68 years inclusive | 23,7% |
* This table shows which premium percentage applies to which age group. Based on your age, you will receive an additional amount to your account. Mars pays a mark-up above this amount for administration and risk coverage costs, among other things. The percentages shown here are after these costs have been deducted.
ASP plan
You pay a mandatory employee contribution for the ASP plan of 4.1% of your contribution base. You can also pay a voluntary employee contribution for the ASP plan. If you do this, Mars will double your voluntary contribution. Your contributions are withheld from your salary and are shown on your salary statements. The table below shows the maximum voluntary premium you can contribute in different age groups.
| Age |
Maximum permitted contribution
|
|---|---|
| Age from 15 to 19 years inclusive | 1,4% |
| Age from 20 to 24 years inclusive | 1,7% |
| Age from 25 to 29 years inclusive | 2,1% |
| Age from 30 to 34 years inclusive | 2,3% |
| Age from 35 to 39 years inclusive | 2,8% |
| Age from 40 to 44 years inclusive | 3,1% |
| Age from 45 to 49 years inclusiver | 3,6% |
| Age from 50 to 54 years inclusive | 4,1% |
| Age from 54 to 59 years inclusive | 4,8% |
| Age from 60 to 64 years inclusiver | 5,7% |
| Age from 65 to 68 years inclusive | 6,5% |
ASP plan
The contribution for the ASP plan consists of three elements::
- The mandatory employee contribution: you pay a mandatory contribution of 4.1% of your contribution base according to the ASP plan. The contribution is withheld from your gross salary.
- The voluntary employee contribution: you can pay a contribution into the ASP plan in addition to the mandatory contribution. You choose the percentage you wish to contribute. The contribution is withheld from your gross salary. The maximum contribution depends on your age. The maximum amount paid in is the standard. If you move to a new age group, the amount you pay in will be automatically increased to the (maximum) contribution percentage applying to the new age group. If you choose a percentage yourself, this will only change if you choose a new percentage.
- The additional employer contribution: Mars believes it is important that you accrue a good pension. To help you increase your pension capital, the ASP plan features an additional employer contribution. The additional employer contribution becomes payable if you make a voluntary contribution, which will be doubled by Mars. If you do not make a voluntary contribution, you will not therefore receive an additional employer contribution.
How is the contribution calculated?
Part of your salary is not counted for the calculation of your contribution, as we take account of the AOW pension you will receive later. This is known as the offset. In 2024, the offset is € 17,593.22. The remainder is the contribution base, and is the basis for your contribution. If your salary is higher or lower in a certain period, the amount of your contribution in that year will also change. No contribution is withheld or paid on salary in excess of € 137,800 (in 2024).
For example: Assume you are 34 years old, you work full-time and you earn € 45,000 gross per year. You do not pay any contribution on the offset of € 15,000 (notional amount). The remainder is the contribution base, In this example, this is € 30,000.
Frequently asked questions
In addition to the contribution for the MUP/MSP scheme, our pension scheme also includes premiums for the insurance of partner’s and orphan's pension and continuation of contribution payment if you become disabled. Mars pays these premiums for you.
