Pension
VAPZ for medical professions
Are you a contracted healthcare provider? Then, under certain conditions, you are entitled to an annual allowance from RIZIV, which you can use for a guaranteed income contract and/or a social VAPZ (the free supplementary pension for the self-employed).
- Who we help
- Physicians, dentists, pharmacists, physiotherapists, speech therapists, and home nurses who are fully or partially contracted.
- The tax benefit
- RIZIV pays the premium, not you. For tax purposes, the contract follows the rules of a social VAPZ.
What is a VAPZ for medical professions, or the RIZIV contract?
Are you a contracted healthcare provider? Then, under certain conditions, you are entitled to an annual allowance from RIZIV. You can use this allowance for a guaranteed income contract and/or a social VAPZ (a so-called RIZIV contract). Practitioners of certain medical professions can, in addition to a VAPZ agreement, also take out a RIZIV agreement. This scheme exists for physicians, dentists, pharmacists, and physiotherapists who are fully or partially contracted. Since 2016, speech therapists and home nurses are also eligible for an allowance. The RIZIV agreement fully follows the tax treatment and the options of a social VAPZ. The only difference is that here it is not the (para)medical professional who makes the payment, but RIZIV.
Who is it for?
Physicians, dentists, pharmacists, physiotherapists, speech therapists, and home nurses. For certain professions, people with employee status can also claim a RIZIV allowance (e.g. physiotherapists and pharmacists). If you want to know more about the conditions and the thresholds and ceilings per target group, you will find these amounts here.
Give Life Experts access to your myRIZIV!
We check whether your RIZIV contribution will indeed be allocated to the correct contract. As soon as you are a client, we request a mandate which you then need to approve. At that point you receive an email from RIZIV. A step-by-step guide you can follow to approve this mandate in favour of Life Experts is available here.
Branch 21 or Branch 23? Only Branch 21 is possible.
A VAPZ can only be taken out in Branch 21. If you want to know more about investing in Branch 23 (which is possible, for example, in an IPT (an individual pension commitment funded by your company), or even in pension savings or free savings), be sure to read this article. And do visit the fund pages of our insurers.
Our tips
We help you compare the solidarity commitments of the various insurers.
What is the taxation of the payout?
On payout, a 3.55% RIZIV contribution and a 0 to 2% solidarity contribution are deducted from the capital. Beyond that, as with the VAPZ, the notional annuity system applies. As a result, for 10 to 13 years an amount of at most 5% of the total capital, reduced by a RIZIV contribution of 3.55%, is declared as 'notional' income.
Does this fit your situation?
You will get an honest answer, even if that answer is "no".
Disclaimer: Life Experts provides insurance solutions for self-employed directors, liberal professions, SMEs and large companies. You will find the basic information for each type of solution on this website. With the product descriptions and the product overview on this website, we do not aim to follow a tax or legal classification, but a pragmatic and practical one. A turnover insurance, for instance, is fiscally a company-director insurance. And a death cover or a disability insurance can be taken out within the tax regimes of IPT, VAPZ, POZ, long-term saving, pension saving, and so on.