Less stress thanks to collective management
Alto Cash Balance is a Cash Balance Plan type of group insurance policy. That means the employer defines:
- the premium budget
- the return that to be achieved
Your company has no administrative hassles at all. This is because under collective management – also known as collective capitalisation – the financing of the employer's contributions to the pension plan takes place in a collective fund. If the return is higher than expected then this is used for the benefit of the fund. That creates a buffer for periods with lower market returns.
The opportunity of higher returns via Branche 23 / Tak 231
As an employer, you can choose between 36 different Branche 23 / Tak 231 funds that range from defensive to dynamic, including 4 profile funds that are managed internally by NN. That makes it easy to decide for yourself how much risk you want to take. Without needing to take responsibility for actively managing your investment, as you can leave that in the safe hands of our experts.
Our standardised approach means that you don't have to closely monitor your group insurance policies. Administration is kept to a minimum, and you can monitor everything online via MyWorkPlace.
Optional cover for death and incapacity for work
The types of cover are:
In the event of death:
- a fixed amount for the next of kin
- an additional fixed amount for the next of kin in the event of death due to an accident.
In the event of incapacity for work:
- payment of premiums by NN, including continued cover and pension savings
- an annuity payment in the event of incapacity for work due to sickness or accident, whether personal or professional
- an additional amount in the event of full and permanent incapacity for work due to an accident.
Burnout and other psychological conditions are also covered in the supplementary Incapacity For Work cover. We give you the choice between two innovative forms of cover for the same price.
Support when buying real estate
Is one of your employees planning a real estate project? With this group insurance policy, you can give him the chance to finance his plans more cheaply thanks to a down payment2 on his contract, which comes with some extremely attractive terms. This arrangement will not result in any paperwork for you, as NN will arrange everything directly with the employee involved.