The C&A Group Pension Fund is a defined contribution plan. The savings process in the defined contribution plan is transparent and functions like a savings account. Insured members pay in monthly contributions jointly with their employer. These amounts are then credited individually and, together with interest, invested benefits brought into the fund and purchases of additional benefits, they form the retirement capital Any early withdrawals for home ownership or any payments for an apportionment on divorce are deducted from the retirement capital.
The retirement pension is calculated by taking the actual retirement capital and multiplying it by the conversion rate stipulated in the Regulations.
A registered partnership within the meaning of the Partnership Act is deemed to equate to marriage.
The following description of benefits has been simplified so as to give an overview. The provisions of the Pension Fund Regulations shall be binding.