Bonus plan
Pay part or all of your employees' variable remuneration into group insurance: enjoy tax benefits and a compelling return on investment.
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The ideal solution to reward your self-employed directors and staff members: an individually-tailored fringe benefit in the form of a defined benefit plan.
Individual Pension Promise (IPP)
Benefits for your company, your self-employed directors and your staff members.
A tax-efficient solution
Paying premiums into a group insurance plan is a more tax-efficient solution than a salary increase, both for your company and your staff members.
Flexibility of supplementary covers
It’s up to you to select the supplementary cover options available to your staff.
A wide range of investment opportunities
Your employees can invest their supplementary pension benefits in Branch 21, Branch 23 or a combination of both, depending on the options you've selected.
Option to take out a cash advance
Your employees can reap the benefits of their supplementary pension even before they retire.
Streamlined data exchange
Say goodbye to mounds of paperwork. With AG EB Online, you can manage your staff members' data quickly and easily.
All benefits in one handy app
With MyAG Employee Benefits, your staff members can access their benefits anytime and from anywhere, via their computer or the app.
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An individually-tailored solution for your self-employed directors and/or most valuable employees
An Individual Pension Promise (IPP) is a way for you to reward a self-employed director that:
- performs professional duties for the company
- is paid a regular monthly income for services rendered
But you can also set up an IPP for your staff members:
- if your company also offers a supplementary pension scheme for all employees
- as long as the IPP is not set up in the three years prior to (early) retirement
In short, an IPP is the ideal solution if you’re looking for a way to maximise supplementary pension benefits for your self-employed directors and staff members.
Tax benefits for both employees and employers.
Tax benefits for both parties
On top of the obvious benefits for your director(s), an IPP is also a tax-efficient solution for staff members as well as the company. As such, it’s an ideal alternative to direct financial compensation such as a salary increase. And when invested in a Branch 21 and/or Branch 23 fund, this amount could be even higher.
More autonomy for your employees
A wide range of financing options
An Individual Pension Promise is the ideal solution for your self-employed director(s) and staff members interested in actively managing their supplementary pension nest egg. In addition to the Branch 21 General Fund (with a guaranteed return), they also have the option to invest their employer premiums in a range of Branch 23 funds which are riskier but offer higher upside potential.
An IPP comes with a host of individually-tailored options for your staff.
Flexible supplementary benefits
On top of the savings component of their supplementary pension, your staff members can also opt to include the following covers in their plan, depending on their individual needs:
- a death benefit payable to their beneficiary(ies) in the event of death
- a supplemental accidental death benefit
- a replacement income payable in the event of occupational incapacity (disability benefit)
- waiver of premiums insurance that keeps their supplementary pension benefits intact during their occupational incapacity leave
Cash advances
You can give your staff members the option to take out a cash advance against their supplementary pension benefits. This way, they can use some of their accrued supplementary pension savings before their retirement to purchase or renovate real estate or to pay off a mortgage loan.
AG Employee Benefits & Health Care has capitalised on the digital revolution to provide you with additional value.
A unique plus point: digital support
AG Employee Benefits has capitalised on the digital revolution to provide you with additional value. For the benefit of you and your staff members, we've developed a unique digital support solution that offers a multitude of possibilities, all in a user-friendly environment.
AG EB Online
Enrolling new staff members, managing current plan participants, exchanging other data... less administrative hassle, more convenience for your data transfer needs. With this user-friendly online tool, you're in complete control.
MyAG Employee Benefits
The first digital supplementary pension platform for your employees. In just a few keystrokes, your plan participants can check the size of their supplementary pension as well as their death benefit coverage. And that’s not all – we’ve also incorporated their healthcare insurance. It's also the go-to place for your staff to check the status of their selected funds or, if you’ve included this option, to change how they want their investments allocated across the different funds.
Information on sustainability
Depending on the selected funds, the plan incorporates ESG factors that allow it to make a positive impact on the environment and/or society and to limit negative impacts on the environment and/or society, through an appropriate selection of investments. Information on these ESG factors is available here (FR - NL). To find out more about AG's approach to sustainable and responsible investing, go to ag.be/investing/sustainability.
You will also find more information in the Sustainability Fact Sheet (FR - NL) for each of the available funds in this product as well as the corresponding annual report (FR - NL).
For customers looking to double down on their commitment to ESG, AG also offers Branch 21 (FR - NL) and Branch 23 (FR - NL) products that take an even more advanced approach.
Want to find out more? Ask your questions about Individual Pension Plan (IPP) or request a non-binding offer via the contact button. You can also check the AG EB Invest dashboard for a clear and detailed overview of each of our funds.