Generation plan and pension
Generation Plan Scheme
The Collective Labour Agreement (CAO) contains a Generation Plan scheme. This scheme allows employees who are less than five years away from the state pension date (AOW) to work twenty or forty per cent less per week. Fifty per cent of the salary is paid on the leave days. The pension accrual continues on the basis of the full salary. The aim of the Generation Plan scheme is also to reallocate the hours released when using the scheme to preferably younger employees. The Generation Plan scheme can be found in article 6.9 of the CAO.
Pension
All NWO-I employees are in principle insured with the General Civil Pension Fund (ABP in Dutch) for both old-age pension, survivor's pension, and disability. Some NWO-I employees who are funded by a European grant are not insured with the ABP if the ABP is excluded by the grantor. To be sure if you are insured by the ABP, please check your contract agreement.
The ABP pension scheme allows you to retire from the age of 60. This can be full retirement or part-time retirement for one or a few days a week. For example, it is possible to use the generation plan scheme in combination with part-time pension for the days you start working less.
On the ABP-website you will find all information about your pension. Via MijnABP.nl you can arrange your pension matters online. For example, you can plan your pension or change your preferences. Or use the calculator tool to figure out what effect certain life changes or career choices might have on your pension.
To help participants use MijnABP, a webpage is available with short instructional videos. These videos focus on the following subjects: retirement, survivor's pension, partner's pension, and digital post. The videos are only available in Dutch and can be found on the website of ABP.
The ABP website is in Dutch only, they provides some information about pensions in English on their website, via this link. For English-speaking participants ABP has also prepared an English-language list with frequently asked questions (FAQ) on pensions.
In the annex at the bottom of this page, you will also find a leaflet about building up your pension via the ABP.
Contact
Should you have additional questions, your local personnel officer or Ria Wemelsfelder from the P&O department at the NWO-I office will be happy to inform you further.