Mijn pensioenuitkering - Employee Benefits

Your supplementary retirement lump sum accrued with your Vivium group insurance is paid out when you take (early) statuary retirement.

Your statutory pension application to the Federal Pension Service will therefore automatically lead to your group insurance being paid out.

What do I need to do to receive my supplementary retirement lump sum?
Tax on my group insurance
When am I entitled to favourable final tax?
Do I still have to declare something to the tax authorities?

What do I need to do to receive my supplementary retirement lump sum?

Your group insurance is paid out according to the following roadmap:

The Federal Pension Service notifies Vivium of your (early) statutory retirement. Vivium will then send you a letter with instructions. You fill in the missing information and upload the requested certificates and supporting documents on the mygroupinsurance.vivium.be online platform. Vivium checks that the information is complete and accurate, deducts the tax from the supplementary retirement lump sum and transfers the balance to your bank account. In some cases, you are entitled to favourable final tax. Payment will be made at the earliest on the day mentioned in the instruction letter.

Tax on my group insurance

Vivium deducts the withholding tax and parafiscal taxes before paying out your supplementary retirement lump sum:

For the retirement lump sum accrued with employer contributions or personal contributions before 1993:

a 3.55% contribution to the National Institute for Health and Disability Insurance
a 0%, 1% or 2% solidarity contribution depending on the benefit's size

< 2.478,95 euros	0%
between 2.478,95 and 24.789,35 euros	1%
> 24.789,35 euros	2%

a 16.66% withholding tax.

For the retirement lump sum accrued with personal contributions after 1993:

a 3.55% contribution to the National Institute for Health and Disability Insurance
a 0%, 1% or 2% solidarity contribution depending on the benefit's size
a 10.09% withholding tax.

When am I entitled to favourable final tax?

In the following cases, you may be eligible for a lower withholding tax rate of 10.09% (rather than 16.66%) on a supplementary retirement lump sum accumulated with employer contributions:

Either you were continuously and actually working in the last three years before reaching the statutory retirement age (currently 66 years).
Or you were continuously and actually working in the last three years before reaching statutory retirement after a 45-year career.

If you didn't work or worked less during certain periods, they can be equated to a working period.

Do I still have to declare something to the tax authorities?

In the calendar year following the payout, Vivium will send you an official statement for your tax declaration. This statement for tax purposes is also available on Tax-on-Web.

Vivium already deducts a withholding tax before paying out your supplementary retirement lump sum. This tax takes into account a partial settlement of the municipal surcharges. This means that an advance payment of municipal tax is already withheld when your net retirement lump sum is paid out.

You must declare the amounts subject to withholding tax and the withholding tax itself in the year following the payment with the relevant codes on your official statement for tax purposes (281.11). The final settlement of the municipal tax therefore does not happen until the year after you have received your net retirement lump sum.