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.

What are the terms of redemption once the S-Pension contract reaches maturity?

When the contract reaches maturity, the customer can choose between: 100% redemption of accumulated savings in the form of capital partial redemption in the form of capital and redemption of the balance in the form of a life annuity for a life annuity without life insurance, a maximum of 50% of the accumulated savings can be redeemed in the form of capital for a life annuity with life insurance, a maximum of 25% of accumulated savings can be redeemed in the form of capital full redemption of accumulated savings in the form of a life annuity Taxation: Redemption in the form of capital at the S-Pension contract's date of maturity is taxed at half the average tax rate.

A doubly advantageous supplementary pension

4 steps to benefit today and tomorrow:

1. Save €267 per month in your S-Pension to reach the tax-deductible ceiling of €3,200 per year.

You can pay into your S-Pension contract by direct debit or make regular or one-off payments. You are not obliged to annual payments.

2. Save €998 a year on your taxes, based on a taxable income of €40,000 in tax class 1.

Your exact tax impact depends on the length of the contract, your taxable income and the composition of your household.

Simulate the detail of your advantage on S-Net.

Simulate your advantage

3. Participate in the development of financial markets while you build your supplementary pension.

Your payments are invested in the Spuerkeess LUX-PENSION SICAV, which has several sub-funds, allowing you to opt for the investment policy of your choice.

Simulate the return on your S-Pension on S-Net.

Simulate your return

4. Benefit from a comfortable supplementary pension in the future

Your capital can be repaid at the earliest at the age of 60, after a minimum contract period of 10 years.

At that point, you can choose between:

A one-off repayment of the accumulated funds

The capital repayment is taxed at half the overall rate, in other words half the taxpayer's average tax rate.

Repayment of the accumulated funds in the form of a monthly life annuity

Half the amount of your monthly life annuity is tax-free.

You can also opt for a combination of the two.

You don't even need to leave home to take out your supplementary pension.

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

Simulate your S-Pension scheme (S-Net)

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

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.
When the contract reaches maturity, the customer can choose between:
100% redemption of accumulated savings in the form of capital

partial redemption in the form of capital and redemption of the balance in the form of a life annuity
for a life annuity without life insurance, a maximum of 50% of the accumulated savings can be redeemed in the form of capital

for a life annuity with life insurance, a maximum of 25% of accumulated savings can be redeemed in the form of capital
full redemption of accumulated savings in the form of a life annuity
Taxation:

Redemption in the form of capital at the S-Pension contract's date of maturity is taxed at half the average tax rate.

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