Your group insurance with KBC Insurance

FAQs for employees

Your group insurance with KBC Insurance

FAQs for employees

If your employer has taken out group insurance for you with KBC Insurance, we recommend browsing through this section, where you will find everything you need to know about accumulated reserves, payment, tax rates and all kinds of other relevant information.

Quick links to:

Amount of your group insurance
Changing employer

Amount of your group insurance

In the annual statement

During the term of your employment with your current employer, your employer will provide you with an annual statement issued by KBC Insurance. Former employees can find this information on

In your statutory pension statement

You can check the amount of your pension capital as at 1 January on, where you will also see an estimate of the capital you will be entitled to on the maturity date.

In the KBC Brussels Mobile app on your smartphone

Tap Investments > the arrow next to your name > Savings and investment products with agent.

If you do not have a current account with KBC Brussels, you can use KBC Brussels Mobile by logging in to the itsme app.

A group insurance policy is a good way to build up supplementary pension. Thanks to the favourable tax regime, a group insurance policy offers employees more benefits than a conventional salary increase.

In concrete terms, an NIHDI contribution, a solidarity contribution and payroll withholding tax are deducted from the capital of your group insurance.

  • NIHDI contribution: 3.5% of the total amount, including profit share

  • Solidarity contribution: between 0% and 2% of the total amount, including profit share. The exact percentage depends on the size of the amount.

  • Payroll withholding tax: on payment, payroll withholding tax is deducted by KBC Insurance for the personal income tax. No tax is due on your profit share.

The amount you pay in personal income tax is based on a number of factors; for instance, who paid your group insurance premiums: you, your employer, or both. The age at which you retire is also a determining factor.

Read all the details here contains information about your statutory pension, such as your earliest possible retirement date and an estimate of the amount of your statutory pension. If you are already retired, you can also manage your pension payments on this website. also contains information on your supplementary pension, such as the amount of supplementary pension you’ve accumulated and an estimate of the capital you will be entitled to on the date of your statutory retirement. You can also request a detailed statement and view the contract regulations for each scheme on this website.

You should automatically receive an annual pension statement of your active pension schemes and the status as at 1 January of that year. KBC Brussels offers you the convenience of receiving your pension statements on All you need to do is enter your e-mail address under ‘Mijn gegevens’.

Go to, click or tap on ‘My supplementary pension’ and log in with your electronic ID card and your card reader or with the mobile ‘itsme®’ app.

We recommend activating ‘Mydocs’ by entering your e-mail address under ‘Mijn gegevens’. You will then automatically receive your next pension statement for your supplementary pension scheme on MyPension. You will also be notified by e-mail when new documents are available.

  • If you would like to know more about a certain term, check the ‘Wat is dit?’ section where each term is explained. We also recommend browsing the ‘Frequently asked questions’ section.
  • If you have specific questions about amounts, you’d best contact your employer or KBC Brussels Insurance agent.
  • If you have a general question about supplementary pensions, you will find relevant information on

Changing employer

The most obvious change is that your former employer will no longer make new premium payments, but any supplementary cover you have, such as death cover or work disability cover, will also be affected.

There are a number of statutory arrangements for the further management of your group insurance. You will receive a letter with more information about this from your former employer after you leave the company. This letter also explains your rights.

Yes, you can transfer the reserves accumulated under your group insurance policy to your new employer’s pension scheme. Kindly complete and sign this form and send it to KBC Insurance, Professor Roger Van Overstraetenplein 2, 3000 Leuven, Belgium.


We pay out your group insurance benefits on the date of your statutory retirement and not on expiry of your contract.


In certain cases, your group insurance benefits will be paid out prior to your retirement, provided you meet the following conditions:

  1.  You have reached the statutory retirement age and are a former employee
  2.  You specifically ask us to
  3.  It is stipulated in your contract
  4. You meet the transitional measure based on your age:1,3

       1 Age at which you are eligible to receive your benefits 

  •     Age 58 and older2: At age 60, until 2018
  •     Age 572: At age 61, in 2019 and 2020
  •     Age 562: At age 62, in 2021 and 2022
  •     Age 552: At age 63, in 2023 and 2024

    2 Your age in 2016
    3 Not applicable for Pension Agreements for the Self-employed


No, you don’t need to do anything. KBC Brussels will be notified by the government once your pension application has been approved. We will send you a letter three months before your statutory retirement explaining exactly how your pension benefits will be paid out.

Group insurance benefits are no longer paid out on expiry of the contract, but instead on the date of your statutory retirement. If your contract expires before you retire, your contract will be automatically extended.

If you live outside of Belgium, we will not be notified by the government of your retirement. To arrange the payment, please send an e-mail to

There are a number of cases in which you are entitled to tax relief, which means you will pay 10% personal income tax instead of 16.5%, 18% or 20%. This is subject to the following conditions:

• You will receive your benefits when you reach the statutory retirement age of 65 or the age at which you reach a complete career of 45 years

• You worked for three consecutive years prior to this period

Read more details

That is up to you; you can choose to receive your pension benefits in monthly payments (annuity) if you meet the following conditions:

  • Your supplementary pension is accrued through a group insurance policy, an individual pension scheme for the salaried employees or a voluntary supplementary pension scheme for the self-employed;

  • Your annuity is at least 646.80 euros;

Note that if you opt for an annuity, this choice will be final and irrevocable.

Read more details


In the event of your death, the benefits will be paid out to the beneficiaries in the order stipulated in your pension regulations:

  1. Your spouse or legally cohabiting partner 1
  2. Your children
  3. A person designated by you in your contract ²
  4. The persons determined according to the rules of legal succession, except if your inheritance goes to the government
  5. The financing fund 3

Not applicable if you are divorced or in divorce proceedings

Send an e-mail to stating this person’s data: please use this form. If you require further information, please call + 32 16 24 25 00 or contact your KBC Brussels Insurance agent.

3Not applicable for individual pension schemes.

Can’t find what you’re looking for?

Your employer or KBC Brussels Insurance agent will be more than happy to help you.