A Free Supplementary Pension for the Self-Employed, or VAPZ, is a way for you as a self-employed worker to supplement your statutory pension. A VAPZ also offers you possible extra tax and social benefits.
Fiscally attractive: deductible as a professional expense
As a result, you may also pay lower social contributions, inclusief mentale ondersteuning via de NN welbeing services, including mental support via the NN well-being services
Optional risk cover, such as death and work disability possible, including mental health support via NN Wellbeing Services.
This product can be used to build up a supplementary pension in a way that is tax-efficient, whether or not with additional protection against the consequence of death and/or work disability.
Persons with the following social statuses may take out this product:
• self-employed as main occupation,
• self-employed as a supplementary occupation,
• self-employed helper if subject to the same social contributions as self-employed as main occupation
• co-working spouse / legal partner (if “maxi-status”)
This product is intended for self-employed persons
* who mainly want the expected return to be safe, but probably low. It is only possible to pay premiums in Branch 21 via this product (guaranteed interest rate)
* who are mainly interested in the additional protection against the financial consequences of death and/or work disability
This product is not intended for:
* persons working as an employee or public servant
* self-employed persons who mainly want the expected return to be higher, but not uncertain. It is not possible to pay premiums into Branch 23 funds via this product
* self-employed persons in their final 5 years before retirement.
The VAPZ premiums that you pay are fully deductible for income tax purposes as a professional expense. As a result of this deduction, you may also pay lower social contributions, depending on your income.
The option risk covers for Death and Work Disability give you greater financial security. These covers top up your loss of income partially if you are suddenly unable to work as the result of sickness or accident, limiting the impact on your family income.
And through the new NN Wellbeing Services, we also keep a close eye on your mental ‘equilibrium’. That way, we are able to help you and your family to prevent or tackle mental health issues.
Read more about the optional covers for Death, Work Disability and Mental Wellbeing
Looking to build, buy or renovate? If so, you can use your VAPZ Scala Free Pension.
Discuss with your broker what your investor profile is. This is essential for investing sensibly.
Taxes on premiums
Contributions and taxes on outpayment
Overview of notional interest for retirement/death:
|
Age |
Notional rate |
Period of mandatory reporting |
|---|---|---|
|
< 41 |
1% |
13 years |
|
41-45 |
1.5% |
13 years |
|
46-50 |
2% |
13 years |
|
51-55 |
2,5% |
13 years |
|
56-58 |
3% |
13 years |
|
59-60 |
3.5% |
13 years |
|
61-62 |
4% |
13 years |
|
63-64 |
4.5% |
13 years |
|
65 and above |
5% (of 80% of the capital) |
10 years |
Go through the information about the RIZIV/INAMI contribution, solidarity contribution, withholding tax and profit-sharing in the product sheet
Product sheet Scala Free Pension
- Minimum: 100 euro per year
- Maximum: you can 8.17% of your net taxable occupational income from 3 years ago, within the annual ceiling.
Read more about the maximum amounts for fiscal life insurance here.
The premiums for the additional covers are calculated in addition to this budget, except for the death premium.
These premiums can also be deducted as a business expense.
Joining fees
Read full details about fees in the Product sheet Scala Free Pension
It is necessary to read the Information Financial Fact Sheet & the General Terms and Conditions before purchasing, registering, entering into, accepting, signing or opening a NN Scala Free Pension (VAPZ)
Algemene Voorwaarden Scala (276.83 KB) Productfiche Scala free pension (705.56 KB) Tak 21 beheersreglement (376.22 KB) Tak 23 beheersreglement Scala (1.53 MB) Conditions générales Scala (282.95 KB) Fiche produit Scala free pension (1.1 MB) Règlement de gestion Branche 21 (383.22 KB) Règlement de gestion Branche 23 Scala (1.55 MB)
If you have a complaint about your NN policy, please contact NN, Quality Care Center, 38 Fonsnylaan, 1060 Brussels. Send an e-mail in the first instance to klachten@nn.be. Or contact the Consumer Ombudsman Service at the Insurance Ombudsman, 35 de Meeûssquare, 1000 Brussels. Tel: +32(0)2 547 58 71, fax: +32(0)2 547 59 75, info@ombudsman.as, www.ombudsman.as. It is also possible at all times to take legal action.
