Contact:
pensionskasse@bonusvorsorge.at
Tel. 01-51602-0
When you retire, you will receive a lifetime retirement pension. Under the defined-contribution plan, this retirement pension is adjusted annually in line with developments in the capital markets. In the event of death, the pension fund pays survivor benefits to eligible beneficiaries. The prerequisite for payment of the supplemental pension is:
If both conditions apply to you, you can apply for the pension with us. You will generally receive your supplemental pension 14 times a year upon retirement.
The amount of the pension is determined by the valuation of your accumulated balance at the time of retirement. These accumulated assets consist of your employer’s contributions and your own contributions, taking into account the investment returns achieved and the actuarial results.
Adjustments to pension benefits are primarily determined by the pension fund’s investment returns and, consequently, by changes in the capital markets.
For this reason, an adjustment to pension fund benefits may result in either an increase or a reduction in benefits. We will inform you of any change in the amount of your pension.
Are you retiring soon? Simply email us your questions about your pension fund benefits at pensionskasse@bonusvorsorge.at. We’re happy to help.
To ensure we can properly calculate and pay out your pension, we generally need a copy of your ASVG pension notice, your personal information, a bank confirmation from your account-holding bank with your bank details, and the application to claim your BONUS pension fund pension, which you received along with the letter stating the amount of your pension.
Pensions derived from employer contributions are generally taxed together with the ASVG pension. Pensions resulting from employee contributions for which you received a government premium subsidy are entirely tax-exempt. Any self-funded pension benefits in excess of this amount are included in the income tax base at a rate of 25%. In the case of a pension settlement exceeding the tax-free income threshold and up to the statutory settlement limit, half the average tax rate applies.
