The pension regulations contain some key figures. These figures are established by the board each year. It concerns:
- The allowances
If the financial position of PCN is sufficient, the accrued pensions and the pension benefits are adjusted to the increased cost of living. - The contribution for the pension accrual
The employer and the employee together pay contribution for the accrual of the pension. This contribution is a percentage of the pensionable earnings (the maximum pensionable salary minus the offset).
Pension agreements 2024-2026
Mid December 2023, the unions and the RCN director reached a negotiated agreement on behalf of the minister of the Interior and Kingdom Relations about the terms of employment for civil servants in the Dutch Caribbean for the period 2024 up to and including 2026. This also includes the pension. At this moment, PCN is evaluating the financial viability, practicality, tax structure, and legal admissibility of these pension agreements. In anticipation of this evaluation, PCN will apply the provisional key figures as shown below for 2024. Also, PCN will include in the evaluation the agreement to increase the pension accrual over the past 3 years.
After concluding the evaluation and discussing it with the unions and RCN, PCN will further inform you.
Provisional key figures 2024
Offset (Franchise) | $ 24.803 |
Maximum pensionable salary | $ 55.750 |
Contribution employer | 23,3% of the pensionable earnings |
Contribution employee | 11,7% of the pensionable earnings |
Total contribution 2024 | 35,0% of the pensionable earnings |
What are the pensionable earnings?
Bonaire office
Kaya General Carlos Manuel Piar #5, Bonaire
T +599 717 09 84
E info-bonaire@pensioenfonds-cn.com
Hours:
8.30 AM until 12.00 AM
13.00 PM until 16.00 PM
Sint Eustatius
Mazinga Square, Oranjestad, Sint Eustatius
T +599 318 32 18
M +599 416 68 60
E info-statia-saba@pensioenfonds-cn.com
Hours:
8.30 AM until 12.00 AM
Saba
Kaya General Carlos Manuel Piar #5, Bonaire
T +599 416 68 60
E info-statia-saba@pensioenfonds-cn.com
Fequently asked questions
Do I have to register myself with the pension fund?
How do I get information about my pension?
Am I automatically insured for partner pension for my partner?