What are our costs?
The Mars Pension Fund incurs various costs for the administration of the pension plan. These include the costs of administration and communication, which include the costs incurred for payment of your pension, producing the Uniform Pension Overview and managing our website.
Second, there are the costs of managing the fund assets. Investment of assets costs money. For instance, we have to pay the parties that invest the fund’s assets on our behalf. There are also transaction costs. These include the costs charged by the stock exchange for the purchase or sale of shares or bonds.
A breakdown of the costs we incur is given in the annual report.
Frequently asked questions
We pay fees for investments in the ASP plan. We also receive part of these costs back afterwards.
Since 1 January 2020, you pay administration costs as a participant in the ASP plan. In 2024, these costs are periodically € 54.22 per year if you are employed by Mars. Are you no longer working at Mars? Then these periodic costs are lower, namely € 27.71 per year. The Board determines the costs annually. There is a maximum. The costs will never be more than 1% per year of your total ASP capital. And new participants do not have to pay for the first three years.
The administration fee for the ASP is deducted from the value of your ASP account. You will find these amounts in your investment statement. This can be found in MyMarsPension.
As a member, you currently pay no buying or selling costs for Mars Pension Fund.