Pension contribution rates: some good news
PMO announced yesterday some good news concerning our pension rate contribution.
“On 10 December, the Council adopted a decision on the amendment to the 2012 pension contribution rate. According to this decision, the rate will be amended from 11.6% to 10.6% of the basic salary, with retroactive effect from the 1st July 2012.
In January, you will receive via Sysper 2 a specific pay slip (pay slip 13/2013) which will show the calculation of the retroactivity.
For the year 2013, following the decision adopted by the Council on December 17, the pension contribution rate to the pension will be amended from 10.6% to 10.3% of the basic salary with retroactive effect from the 1st July 2013.
As a result, the calculation of this retroactivity as well as its payment will be included in the February 2014 pay slip.
These new parameters will be introduced in January 2014 (for the 2012 amendment) and February 2014 (for the 2013 amendment) in your monthly pay slip and your contribution will be adapted accordingly.”
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