Generation Plan Scheme
Since 1 July 2018, the Collective Labour Agreement includes a generation plan scheme. This scheme offers employees who have less than five years until they reach the age when they are eligible for a state pension (AOW) the possibility to work for 20% or 40% fewer hours per week. Over the leave days, 50% of the salary is still paid and the pension accrual is continued on the basis of the full salary. The intention of the Generation Plan Scheme is that the hours released by the scheme should preferably be redeployed for younger employees. The Generation Plan Scheme can be found in Annex 5 of the CAO. The current Generation Plan scheme is valid until 1 January 2020. As no agreement about a new CAO has been realised yet, the CAO parties have agreed to extend the current Generation Plan scheme without any changes until at least the moment that a new CAO is agreed upon and no later than 1 April 2020.
Pension accrual through ABP
All NWO-I employees, except those that are funded by a European grant, are insured with the National Civil Pension Fund ABP for both old-age pension, survivor's pension and disability. The premium due for this is mutually paid by NWO-I and the employee.
Although old-age pension seems to be a long way off for many employees, we consider is important to keep all employees well informed regarding retirement. Unfortunately, also young employees can be confronted with pension provisions in case of disability or death.
You can find elaborate but clear information on the ABP website www.abp.nl/pensioen-bij-abp/pensioen-1-2-3/. Unfortunately this information is only available in Dutch. It is certainly worth the effort to have a look at this site. We have summarized the information here. Your personnel officer or colleagues of the P&O Department NWO-I Office Joost Weber and Ria Wemelsfelder are willing to inform you further or answer your questions (also in English!).