the asml (supplementary) pension landscape · the total asml pension landscape 5 salary above bpf...
TRANSCRIPT
The ASML
(supplementary)
pension landscape
• The Zwitserleven Feeling
• Your ASML pension
• Your choices
• Insight in your pension
• My Zwitserleven Feeling
• Questions: [email protected]
Program
Het Zwitserleven Gevoel (The Zwitserleven Feeling)
Your ASML pension
The total ASML pension landscape
5
Salary
above
BPF max
Salary up
to
BPF max
PME Pension Scheme
Supplementary
Pension SchemeAdditional
savings
ANW
shortfall
insurance
One-off
payment in
case of
death
Mandatory insurances Voluntary insurances (paid by employee)
AOWThreshold
€ 107,593
(2019)
Net Pension Scheme
€ 74,327
(2019)
€ 14,554 (2019)
Salary
above
107k
Your pension capital
Retirement date
6
Due to increasing contributions and the net return on investments,
the pension capital will increase
On the retirement date,
the amount of money
is converted into a
lifetime benefit21 68
Employee
Defined contribution: Pension base X Premium %
Age
Percentage of
pension base
2019
21 - 24 year 7.7%
25 - 29 year 8.9%
30 - 34 year 10.4%
35 - 39 year 12.0%
40 - 44 year 14.0%
45 - 49 year 16.3%
50 - 54 year 19.0%
55 - 59 year 22.3%
60 - 64 year 26.5%
From age 65 30.6%
Your pension premium Supplementary pension scheme
Your own contribution is 3.9% of the gross pension base
Example
8
Salary: € 90,000
Pension base: € 90,000 - € 74,327 = € 15,673
Age: 40
Yearly premium to invest:
€ 15,673 * 14,0%= € 2,194
Possible: bonus as additional saving
Defined contribution: Pension base X Premium %
Age
Percentage of
pension base
2019
21 - 24 year 3.47%
25 - 29 year 4.01%
30 - 34 year 4.68%
35 - 39 year 5.40%
40 - 44 year 6.30%
45 - 49 year 7.34%
50 - 54 year 8.55%
55 - 59 year 10.04%
60 - 64 year 11.93%
From age 65 13.77%
Your pension premium Net pension scheme
Your own contribution is 1.87% of the net pension base
Your surviving dependents pension
• Partner pension
• Supplementary pension scheme
• 1.313% X Pension base X years of service up to
retirement date
• Net pension scheme
• 0.63% X Pension base X years of service up to
retirement date
• Orphans pension
• Supplementary and Net pension scheme
• 20% of the Partner Pension
(until age 18, until age 27 if the child studies)
Example
11
Salary: € 90,000
Pension base: € 90,000 - € 74,327 = € 15,673
Age on date when starting service: 38
Retirement age : 68
Years of service : 30 years
Partner pension:
1,313% * € 15,673 * 30 = € 6,174
Orphans pension:
20% * € 6,174 = € 1,235
Your surviving dependents pension
Leaving ASML? You need to decide:
Partner pension
• Yes? Premium will be deducted from your
accumilated capital
• No? No premium is due, so you will get a
higher pension capital.
You will receive a letter from Zwitserleven to make your
choice.
Voluntary insurances:
• ANW shortfall insurance
• Insured at ElipsLife (€ 15,496 gross per year)
• One off payment in case of death
• 100%, 200% or 300% of your gross annual salary
• Only as long as you are employed by ASML
Use the calculator on Zwitserleven page
(www.zwitserleven.nl/asml)
to calculate costs of these voluntary insurances
Your surviving dependents pension
If you become disabled, your pension will still be
built up as if you are still employed
When you are disabled, your pension will still be
built up as if you are still employed
You are entitled to a supplement of your WIA
allowance for the part of your salary higher than
€ 55,927
Disability and your pension
Your choices
Your choices
1. Your voluntary insurances
2. Your investments
3. Your pension date
4. Your choices on pension date
1. Your voluntary insurances
Go to: www.zwitserleven.nl/asml
Please scan the completed form
and send it to:[email protected]
2. Your investments
Our sustainable investment policy. For a world worth living in.
• Exclusions
• Positive selection
• Engagement
• Using our right to vote
• Sustainability integral part of the investment process
Phases of investing
Select Fund
Global Equity Fund
Gov’t BondsLong duration
Credits Fund
Gov’t Bonds
2020
Phase 1: Three ways to invest
Profiel Beleggen
Select Fund
Global Equity Fund
Gov’t BondsLong duration
Credits Fund
Years until retirement
Gov’t Bonds
Horizon Beleggen (default)
Profiel Beleggen Profiel Beleggen
Phase 2: De-risking
Phase 3: Receiving pension
Planning communication
ASML employees in the supplementary pension scheme:
• A personal letter when you are 15.5 years before your retirement date
• Information will be provided on your personal portal;
• Information about continued investing
• By answering a questionnaire your personal investment profile will
be generated
• Possibility to apply your choice directly
3. Your pension date
• What is your pension date?
AOW state pension
Pension agreement The Netherlands
• You are in the lead about your pension date of the
ASML scheme at Zwitserleven
• Flexible retirement date between 55 and AOW+5 years
4. Your choices on your pension date
You have more to choose!
Think about:
• Fixed or flexible pension
• Retirement pension and partner pension or
only retirement pension
• High-low pension (100:75)
• 10% pay off (Pension agreement!?)
• Shop with your capital
4. Your choices on your pension date
Online portal, buying pensions (Q4 2019)
Insight in your pension
WerknemerscommunicatiePlanning your pension (websites)
Intranet ASML
Werknemerscommunicatie
+
Personal pension portal
‘Mijn Zwitserleven’
Planning your pension (websites)
ASML Landingpage
WerknemerscommunicatieASML Landingpage (www.zwitserleven.nl/ASML)
• Explanation of the ASML pension scheme
• Calculator for volantary insurances
• Forms / translations
• Recent information
• Instruction videos
• Direct insight in your pension
• Overview of your pension value
• Expected pension at retirement
• Partners’ Pension overview
• Change your investment choice
• Digital documents file
• Log in with your DigiD
• Pension planner
Personal Pension Portal (www.zwitserleven.nl/mijnzl)
Personal Pension Portal (www.zwitserleven.nl/mijnzl)
Personal Pension Portal (www.zwitserleven.nl/mijnzl)
Navigation menu
Total value
Details for information
about your pension
scheme
Press-button for
indication of pensions
Personal Pension Portal (www.zwitserleven.nl/mijnzl)
Click at investment fund for
more information
Hier beleggingen aanpassen
Vul vragen in
voor je beleggersprofiel
Personal Pension Portal (www.zwitserleven.nl/mijnzl)
Personal Pension Portal (www.zwitserleven.nl/mijnzl)
Personal Pension Portal (www.zwitserleven.nl/mijnzl)
Personal Pension Portal (www.zwitserleven.nl/mijnzl)
• Your Choices
1. Your voluntary insurances: Go to www.Zwitserleven.nl/ASML
2. Your investments: Go to www.zwitserleven.nl/mijnzl
3. Your pension date: You’ll receive a letter
4. Your choices on your pension date: You’ll receive a letter
• Insight in your pension
Go to www.zwitserleven.nl/mijnzl
Take action!
• For questions regarding your pension at Zwitserleven, you
can call (020) 347 88 94 (single point of contact). They are
there for you.
• For questions regarding your pension at PME, please contact
the PME Service Desk: 088 – 007 98 00
The employee service desk for all your questions
Thanks for your
attention!
My Zwitserleven Feeling