7Mon
The VBL company pension is compulsory for us. Since I also calculated the conditions some time ago, I unfortunately realized that despite the good employer's share, the money is better kept by me. My plan is to have the entire pile of money paid out to me when I retire and waive the monthly contributions...even if that also makes an "ouch" for tax purposes.
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7Mon
@Winterbushcraft Yes, of the two options - guaranteed pension or severance payment - the severance payment is still the best option despite the tax overkill. Then your money is out of the "system" and you can invest it sensibly. You can always manage 3%pa. And you'll also have something to bequeath.
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@Woods However, a vbl is not a normal company pension. This is because it works in the same way as the statutory pay-as-you-go system. This means that everyone pays into a pot and everyone receives the pension from it today. So nothing is guaranteed. With a normal company pension, you only pay into your own savings pot and only you receive the money from it.
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