Indices and thresholds
Conversion coefficients 80% rule, capital to annuity
The conversion coefficient makes it possible to express the threshold and ceiling amount of the 80% rule, expressed in annual annuities, in capital.
Note that for legal cohabitants the coefficient for married persons may be used, while for de facto cohabitants the coefficient for single persons is used.
Note that until further notice the coefficients at ages 65, 66 and 67 are equal.
| Age | Married or<br>Legally Cohabiting | Single |
|---|---|---|
| 55 | 20,5341 | 17,8117 |
| 56 | 20,1135 | 17,3828 |
| 57 | 19,687 | 16,9507 |
| 58 | 19,2548 | 16,5157 |
| 59 | 18,8174 | 16,0783 |
| 60 | 18,3749 | 15,6389 |
| 61 | 17,9277 | 15,198 |
| 62 | 17,4763 | 14,7559 |
| 63 | 17,0209 | 14,3133 |
| 64 | 16,5621 | 13,8705 |
| 65 | 16,1004 | 13,4282 |
| 66 | 16,1004 | 13,4282 |
| 67 | 16,1004 | 13,4282 |
IPT (an individual pension commitment funded by your company) for self-employed persons and salaried employees: the above coefficients are to be applied per person.
In the case of an individual pension commitment, we need to take into account the exact marital status of the member (married, legally cohabiting or unmarried).
An example.
If the member is married (or legally cohabiting), the following coefficients are used:
with indexation of 2 % and with transferability :
- 18,3749 for a beneficiary at age 60
- 16,1004 for a beneficiary at age 65.
If the member is unmarried, the following coefficients are used :
with indexation of 2 % and without transferability :
- 15,6389 for a beneficiary at age 60
- 13,4282 for a beneficiary at age 65.
Collective pension commitment at company level, or group insurance for salaried employees:
For a group insurance policy with a fixed contribution for salaried staff members, it is generally assumed as a principle that all staff are married. The pension plans usually provide for a transferability of 80 % and an indexation of the annuity of 2 %.
In that case, the main coefficients are the following :
- 18,3749 for a beneficiary at age 60
- 16,1004 for a beneficiary at age 65.
In a number of cases we do need to take into account the actual marital status and the specific calculation of the 80% rule. This is for example the case
- For a group insurance policy with fewer than 10 members
For combined plans (e.g. a plan for all staff members, and on top of that a plan for the 4 management members)
- For bonus plans
In the case of an unmarried person we use the coefficient with an indexation of 2 %
- 15,6389 for a beneficiary at age 60
- 13,4282 for a beneficiary at age 65