{"id":2243,"date":"2021-08-27T10:44:57","date_gmt":"2021-08-27T10:44:57","guid":{"rendered":"http:\/\/www.fpecaixa.info\/participant-and-beneficiary\/know-your-plan\/"},"modified":"2024-12-05T18:53:47","modified_gmt":"2024-12-05T18:53:47","slug":"know-your-plan","status":"publish","type":"page","link":"https:\/\/www.fpecaixa.info\/en\/participant-and-beneficiary\/know-your-plan\/","title":{"rendered":"Know your Plan"},"content":{"rendered":"\n
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Presentation of the Pension Plan<\/h2>\n\n\n\n

Presentation<\/h3>\n\n\n\n

As an improvement on the public social welfare system, CaixaBank has set up a Pension Plan for all its employees. Employees join the plan automatically and it is fully financed by CaixaBank, so there is no cost to the employee. This plan offers a higher level of future income upon retirement and covers the risks of disability and death during the employee’s working life. Employees join the plan automatically and it is fully financed by CaixaBank, so there is no cost to the employee. This plan offers a higher level of future income upon retirement and covers the risks of disability and death during the employee’s working life.<\/p>\n\n\n\n

In addition, as of December 1, 2024, employees will be allowed to make voluntary contributions, giving them the opportunity to further increase their future income.<\/p>\n\n\n\n

What is the CaixaBank S.A. Employment Pension Plan?<\/h4>\n\n\n\n

It is an Employment Plan that covers the contingencies of retirement, death and disability. For this reason, the availability of its funds is subject to the occurrence of any of these contingencies. The promoter of the Plan is CaixaBank and the participants are all its employees. It corresponds to the Mixed mode: with a defined contribution for the contingency of retirement that accumulates in the fund and with a benefit defined in the Plan Specifications, which can be found on CaixaBankNow, for the contingencies of death or disability. For this reason, the availability of its funds is subject to the occurrence of any of these contingencies. The promoter of the Plan is CaixaBank and the participants are all its employees. It corresponds to the Mixed mode: with a defined contribution for the contingency of retirement that accumulates in the fund and with a benefit defined in the Plan Specifications, which can be found on CaixaBankNow, for the contingencies of death or disability.<\/p>\n\n\n\n

General Information<\/h3>\n\n\n\n

The Pension Plan is attached to the fund PENSIONS CAIXA 30, FONS DE PENSIONS, with N.I.F. V62237201, which is registered in the Administrative Register of Pension Funds of the Ministry of Economy and Finance under number F0711 and in the Mercantile Register of Barcelona, folio 40, volume 32510, of the General section, page number 210840, 1st inscription.<\/p>\n\n\n\n

Depositary<\/strong> :CecaBank S.A., with registered office in Madrid (CP-28014), calle Alcal\u00e1 27.<\/p>\n\n\n\n

Gestora:<\/strong> VidaCaixa S.A.U. de Seguros y Reaseguros, con domicilio social en Madrid (CP-28046), Paseo de la Castellana 189, planta 1 y 2.<\/p>\n\n\n\n

Insurer:<\/strong> VidaCaixa S.A.U. Insurance and Reinsurance. Pensions Caixa 30 and VidaCaixa are signatories to the United Nations Principles for Responsible Investment (PRI). Pensions Caixa 30 and VidaCaixa are signatories of the United Nations Principles for Responsible Investment (PRI)<\/p>\n\n\n\n

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Relevant Information and Operation<\/h2>\n\n\n\n

Financial regime<\/h3>\n\n\n\n

Financial system<\/h4>\n\n\n\n

The financial system used for all contingencies consists of the individual financial capitalisation of the savings contributions made by the promoter to the fund for each participant.<\/p>\n\n\n\n

Contributions<\/h4>\n\n\n\n

Contributions to this Plan are made by the Promoter on behalf of its employees and, in addition, the CaixaBank Employment Pension Plan allows participants and suspended participants to make voluntary contributions through CaixaBankNow. <\/p>\n\n\n\n

If the contributions made at the end of the year exceed the annual limit set by law, the excess is placed in a supplementary policy. At the beginning of the following year, as far as possible, the excess amounts are transferred to the Pension Plan. At the beginning of the following year, as far as possible, the excess amounts are transferred to the Pension Plan.<\/p>\n\n\n\n

Pension contributions<\/h4>\n\n\n\n

For participants joining the Plan on or after January 1, 2022<\/strong>As of the second month of employment and up to month 12, retirement contributions will be 4.5% of the pensionable salary; from month 13 and up to month 84, retirement contributions will be 6% of the pensionable salary, and as indicated in the previous section, as long as the participant maintains such condition and until he\/she reaches, for the first time, the age established in the table contained in said section, regardless of the applicable retirement regulations at any given time and regardless of the participant’s contribution deficiency. As of month 85, retirement contributions will be 7.5% of pensionable salary.<\/p>\n\n\n\n

Contributions for risk (permanent incapacity\/disability)<\/h4>\n\n\n\n

Contributions towards the annual premium for disability or death benefits, on the other hand, take effect from the date of commencement of the employment relationship.<\/p>\n\n\n\n

Services<\/h3>\n\n\n\n

By retirement<\/h4>\n\n\n\n

There is a wide range of possibilities for retirement benefits:<\/p>\n\n\n\n