Welfare adjustments (for employee and self-employed worker pensions only)
Your pension or benefit that is paid by the Pensions Service can change because of a welfare adjustment.
What is a welfare adjustment?
Since the generation pact of 2005, a welfare adjustment may be carried out on:
- the statutory employee and self-employed worker pensions;
and - other social benefits.
This concerns increases on top of the indexation.
Each year, the management and trade unions and the government apportion a welfare envelope.
This consultation happens during the Interprofessional AgreementOpens in a new window.
Which welfare adjustments are planned?
Currently, no decision has yet been reached on how this specific envelope will function exactly.
Welfare adjustments in 2024
Holiday allowance
The holiday allowance as an employee increases by 2,55 % in 2024.
Please note: in order to receive a holiday allowance, you should meet certain conditions.
We adapt the amounts on our website as soon as these have been published in the Official Journal.
Find out more about the holiday allowance and the current amounts.
Wage ceiling
If your yearly wages exceed a certain ceiling, we limit the wages to this wage ceiling for the pension calculation.
The wage ceiling for the career year 2024 was raised by 2 % for the pensions that take effect for the first time in 2024.
Find out more about the wage ceiling.
Guaranteed minimum wage
When calculating your pension, we raise your wages until they reach the guaranteed minimum wage if you meet certain conditions. This raise may not result in the retirement pension exceeding a fixed maximum amount.
The guaranteed minimum wage and the maximum amount will be raised by 2 % on 01.01.2024.