MultiPlan and MultiPlan+: the flexible group insurance policy without administrative hassle

• Does your company have 26 or more employees, and do you want to allow them to choose group insurance policy based on their needs at each stage of their lives?
• Would you like to achieve a high potential return through Branche 23 / Tak 23¹?
• Are you looking for convenient administration?

Then make sure you learn more about what Multiplan has to offer you.

Choose our Branche 23 / Tak 23¹ solution

As an employer, you are required by the government to deliver a minimum guaranteed return³. That is why it is wise to opt for our Branche 23 / Tak 23 solution¹.

If you do, there is of course no guaranteed return and good years may alternate with less good ones. However, the long term of the group insurance policy means that risks are evened out, and there is a higher chance that you will be able to meet your financial obligations in full so that your employees can benefit from strong coverage and a healthy boost to their pension pots.

It's also worth thinking about convenience. As an employer, you can choose between 36 different Branche 23 / Tak 23¹ funds that range from the defensive to the dynamic, including 4 profile funds that are managed internally by NN. That means it's easy to decide for yourself how much risk you want to take. Without having to take on active management yourself. You can leave all that in the safe hands of our experts.

Optional guarantees in case of death and incapacity for work

MultiPlan provides two basic guarantees: a supplementary pension and death cover. You can also add the following optional guarantees to your group insurance policy.

• In the event of death: an extra 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 maintenance of guarantees and pension savings
  • An extra amount in the event of complete and permanent incapacity for work due to an accident
  • An annuity payment in the event of incapacity for work due to sickness or accident, whether personal or professional.

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.

A helping hand when buying real estate

Is your employee planning to acquire a property? With this group insurance policy, you can give them the chance to finance their plans at a better rate, by means of an advance payment on their contract, which comes with some extremely attractive terms. You won't have to deal with any paperwork either, as NN will arrange everything directly with your employee.
As an employer, you obviously have to make sure that your employee effectively uses the advance for a real estate project in the European Economic Area. Otherwise the benefit of the tax deduction disappears for you.

Adjust MultiPlan annually

Each year, you have the option as an employer to adjust the type and amount of the guarantee. At the same time, employees can as well make changes based on their changing personal circumstances. Do they need to make more room for pension savings? Or do they need additional coverage? It's all possible.

Convenient administration

Thanks to the online My Workplace application, you as employer have access to everything you need to easily and securely manage your group insurance policy – wherever and whenever you want.

Premiums

The average life/death coverage premium for each insured person must be at least EUR 1,000.
As an employer, your premiums are tax deductible provided that you adhere to the 80% rule.²

Taxes and contributions on premiums

• Subscription tax on pension, death, accident and incapacity for work: 4.4%
• NSSO contributions on pension and death: 8.86% (on employer contributions)
• Wijninckx contribution, if applicable⁴

Management fees

• Entry fees on the life and death premiums: 1,5 % on branch 23
• for the life reserve (Branche 23 / Tak 23): up to 0.96% annually, depending on the fund selected
• for the death reserve: 0.08%

Contributions and tax on payout

• RIZIV/INAMI contribution of 3.55% of the total amount transferred (excluding incapacity for work)
• Solidarity contribution of 0% to 2% of the total amount paid (excluding incapacity for work)
• Profit share is exempt
• Tax on capital/interest: depending on various factors⁵

Your company can rely on personal assistance as you introduce your plan.
Are you already a MultiPlan user? Then we will provide a non-binding in-depth analysis.

Find out how we can help you launch your pension plans and carry out interim evaluations