Calculating the contribution for the partner’s and orphan’s pension. The contribution for the partner’s and orphan’s pension is calculated by multiplying the partner’s and orphan’s pension by the rate corresponding to the participant’s gender and age. We determine the contribution again each month. The age we use is the participant’s age on the last day of the month. The ‘Costs, Rates and Assumptions’ annex contains the gross rates table for the partner’s and orphan’s pension. It also explains the basic assumptions that apply to the rates and the costs and surcharges that we charge. ‘Key Data Pensioenabonnement’ specifies whether, and if so which, differentiation adjustment is applicable to your pension scheme. The contribution for the partner’s and orphan’s pension is charged to you and paid by you.
Appears in 2 contracts
Sources: Execution Agreement, Execution Agreement