In Payflip
Enter your amount you saved in the previous year, e.g. EUR 990.
Payflip calculates the corresponding budget impact for you. This is the employer's cost for choosing this benefit. For pension savings, this is equal to the amount saved + 8.86% special social security contribution, e.g. 990 + 8.86% = EUR 1,078.
One-off payment
In the month of approval, the specified amount is processed in the payroll. At this time, legal and conventional deductions are applied to the amount you specified:
NO employee social security contribution (13.07%)
NO exceptional company withholding tax
Pension savings | 990 EUR |
employee NSSO (13,07%) | 0 EUR |
Withholding taxes (40 - 53,5%) | - 529 EUR ( = 990 x 53,5%) |
Net | 461 EUR |