As a non-resident, can I subscribe to an S-Pension contract?

Yes, provided that you are a taxpayer in Luxembourg, i.e. that you earn more than 90% of your combined foreign and domestic wages in Luxembourg (or 50% if you are a Belgian resident). In this case, the non-resident taxpayer is considered a resident taxpayer and enjoys the same deductions and reductions.

S-Pension: What are the subscription and redemption fees?

At Spuerkeess, there are no subscription fees, nor charges for early redemption (before the S-Pension contract reaches maturity) or for redemption at maturity. However, capital withdrawn prior to the maturity date will be taxed by the Luxembourg Direct Contributions Administration at the normal rate (see chart), except in the case of death, debilitating injury or illness.

S-PENSION

Build up capital for your retirement while enjoying tax benefits today

More info Contact an advisor

Benefit from a supplementary pension with S-Pension

S-Pension allows you to save for tomorrow while enjoying tax benefits today.

The legislator encourages you to take out a private pension scheme contract by offering tax benefits, subject to certain regulatory constraints.
Not only do you pay less tax today, but also in the future, when the capital is repaid.
Your contributions are invested in the Spuerkeess SICAV LUX-PENSION,

which includes multiple sub-funds, allowing you to opt for the investment policy that best suits you.

Save for tomorrow while enjoying tax benefits today!

The legislator encourages you to take out a private pension scheme contract by offering tax benefits, subject to certain regulatory constraints that include the following, in particular:

you must be an individual taxpayer resident in Luxembourg, or equivalent,
you must be under 65 years old,
you must take out a policy for a minimum term of 10 years,
the minimum age at which you may redeem the policy is 60 years and the maximum is 75 years of age,
the maximum annual amount deductible per individual taxpayer: EUR 3.200.

When the policy matures, you can choose between:

a lump-sum payment of all the capital accumulated,
payment in the form of a lump sum for up to 50% of the capital accumulated and the remainder in the form of a monthly annuity,
payment of all the capital accumulated in the form of an annuity (half of the amount of your monthly life annuity is tax-exempt).

S-Pension

Unaware of the tax benefits you can enjoy? Simulate the amount you can deduct from your taxable income

Housing savings scheme

Save up in order to buy, build or renovate your home!

S-Pension plan

Secure your future and protect your living standards during retirement!

Life insurances

Prepare your children’s future and protect yourself against life’s misfortunes!

Benefits simulation

You can simulate, subscribe and check your S-Pension scheme directly in S-Net and S-Net Mobile

Invest according to your preferences Define your investment policy!

Your payments are invested in lux|pension SICAV of Spuerkeess. The SICAV includes several subfunds with varying investment policies. You can opt for a "stocks” or “flow” formula, with a predefined percentage in equities.

The lux|pension funds

● Repayment in the form of a lump sum is taxed at half the total rate, as the total rate is your average tax rate.

● Half of your monthly annuity is exempt from taxation.

Need help or more information on S-pension? Take a look at our special section!

FAQs

With S-Pension, you can choose an investment package according to your preferences and your risk tolerance.

We offer two packages:

The Stocks package

With the Stocks package, your capital is invested in one of the subfunds of the lux|pension fund with exposure to the equity markets:

Subfunds	Maximum capital invested in equities
LUX-PENSION 100%	100 %
LUX-PENSION 75%	75 %
LUX-PENSION 50%	50 %
LUX-PENSION 25%	25 %
LUX-PENSION MARCHE MONETAIRE	0 %

The Stocks package is the right choice for those who seek maximum simplicity without having to worry about investment decisions.

The Flux package

With the Flux package, you decide how to divide your capital between the subfund LUX-PENSION 100% and the subfund LUX-PENSION MARCHE MONETAIRE.

Subfunds	Maximum capital invested in equities
LUX-PENSION 100%	100 %
LUX-PENSION MARCHE MONETAIRE	0 %

With our Flux package, you can adjust your payments depending on your expectations and the market trends that you expect to see in the following year.

When you change the subfund, future payments will be invested according to your choice, while the total savings accumulated will remain unchanged.

The Flux package is the right choice for those who want to enjoy tax benefits, while maintaining flexibility over their investment decisions.

Yes, provided that you are a taxpayer in Luxembourg, i.e. that you earn more than 90% of your combined foreign and domestic wages in Luxembourg (or 50% if you are a Belgian resident). In this case, the non-resident taxpayer is considered a resident taxpayer and enjoys the same deductions and reductions.
At Spuerkeess, there are no subscription fees, nor charges for early redemption (before the S-Pension contract reaches maturity) or for redemption at maturity. However, capital withdrawn prior to the maturity date will be taxed by the Luxembourg Direct Contributions Administration at the normal rate (see chart), except in the case of death, debilitating injury or illness.

FAQs

I want to subscribe S-Pension, my supplementary pension I want to be contacted by an advisor

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