- 05 Dec 2016
Since the Act of 18 December 2015 entered into force, the interest rate of the legal minimum guaranteed return of the AOP has been variable. This interest rate is published every year by the FSMA on its website before 1 December. For 2017, the interest rate has just been published and remains at 1.75%, the same as for 2016.
In accordance with Article 24, §3 of the Act on occupational pensions and the tax regime thereof and of certain occupational social security benefits (“AOP”), the FSMA has recently published on its website the interest rate of the guaranteed return which will apply as from 1 January 2017. This interest rate remains at 1.75%.
As a reminder, this minimum guaranteed return applies to employer contributions for defined contribution and cash balance plans and to employee contributions for the three types of pension plans (defined benefit plans, cash balance plans and defined contribution plans).