With ABP Extra Pension, you save for a higher ABP pension. Via the self service Individual choices model (via the Take action now button), you decide how much and how you want to finance the extra pension.
You can source this from holiday leave hours, gross salary, year-end bonus or holiday allowance. Since you do not have to pay taxes over the deposited money, this results in a tax advantage.
Calculate ABP Extra Pension
Do you want to know if ABP Extra Pension is beneficial for you? On www.abp.nl (in Dutch), you can calculate what ABP Extra Pension yields for you. You choose how much and how often you deposit money. There is no minimum amount, but there is a maximum: the tax scope. The tax scope is the difference between the maximum amount that you can legally accrue for pension tax free, and the amount that you accrue in practice.
Take out ABP Extra Pension
If you want to save for ABP Extra Pension, the first essential step is understanding what your tax scope is. To do this, go to www.abp.nl > MijnABP. Once you are logged in, you click on Full pension overview (Volledig pensioenoverzicht). At the very bottom of this page, your tax scope is shown. To take out ABP Extra Pension, you make a screenshot of this part of the page and save it as a pdf file. Via the self service Individual choices model, you then choose how much and from what source you want to finance the extra pension. Uploading the screenshot with you tax scope is mandatory for this. The ABP Extra Pension is then transferred to ABP by VU Amsterdam. After about a month, your deposit is visible via MijnABP.
N.B.: the government has taken measures to limit pension saving. This also has consequences for ABP Extra Pension. Every year, ABP needs a processing period of several months for calculating the new tax scope for its participants. Usually the tax scope is known mid May. Because of this, the fiscal scope is not visible in MijnABP from January until mid May. As a result, employees cannot yet use the option ABP Extra Pension from the Individual choices model. As soon as the tax scope is visible in MijnABP, employees can choose this target depending on the height of this tax scope. The www.abp.nl website has more information on saving for Extra Pension.
More information
www.abp.nl > ABP Extra Pension (in Dutch)
ABP information in English
Individual choices model
Questions
You can find help with your questions about ABP Extra Pension and/or your tax scope at:
ABP Customer service