On 1 January 2025, the statutory retirement age in Belgium will rise from 65 to 66. Five years after that, it will be 67. How do these changes affect your company’s supplementary personnel schemes? A quick update.
Your company’s current schemes for supplementary pensions and life, work incapacity and health care insurance have been drawn up on the basis of the current retirement age of 65. As this age limit is set to be increased, it is advisable to adapt your schemes to the new retirement age where necessary.
We are currently looking at what adjustments need to be made to the different schemes, in consultation with the various insurers. Once this is clear, we will provide a new update.
The increase in the minimum guaranteed return on supplementary pensions has been officially announced. The change will take effect at the beginning of 2025. Here is an update.
The minimum guaranteed return on supplementary pensions has been 1.75% since 2016. On 1 January 2025, following this long period at a constant level, the statutory guaranteed return will rise to 2.50%. What impact does this increase have on your company’s pension schemes?
By means of global benefits management, your organisation can easily run a strong employee benefits package worldwide. This structured, central approach provides a useful overview of all benefits and enables you to put together an attractive package in the war for talent. If social security is non-existent or too limited in one of the countries where you’re based, you can also provide your employees there with additional support through this insurance package. Employee benefits expert Kristof Baertsoen talks about the advantages of global benefits management in the latest episode of our video podcast Succes Verzekerd.
From 1 November 2024, hospitalisation insurance will cover the costs of a suicide attempt. The law of 21 April 2024 has amended existing health cost insurance legislation to this end.