What amount will you receive from your disability pension?
The amount that Philips Pensioenfonds pays in disability pensions depends on the percentage of the disability and pre-disability salary. The employee insurance agency UWV establishes the percentage of your disability.
Did you become unfit for work for 80% or more during your employment and, for that reason, no longer work for Philips, Signify or Versuni? Then your disability pension is 5% of your annual (part-time) pensionable salary up to a maximum of EUR 75,864 (amount as of January 1, 2025). We call this maximum the AO limit amount. Is your (part-time) pensionable annual salary higher than the AO limit amount? Then you will receive 75% of your full, uncapped (part-time) salary above the AO limit amount. If you are less than 80% incapacitated for work, the disability pension is reduced proportionally.
The disability pension is based on the (part-time) salary prior to the first day of illness. Any collective scale adjustments that take place in the period between April 1 prior to the first day of illness and April 1 prior to the effective date of the disability pension will be included. If you remain disabled, you will receive the disability pension until you reach age 68. Unless you reach the state pension age before then. Then payment of the disability pension stops at that time.
The table below shows the benefits percentages corresponding to the various disability percentages:
| A disability percentage of: | Carries a benefits percentage of: |
|---|---|
| 80 - 100% | 100.0% |
| 65 - 80% | 72.5% |
| 55 - 65% | 60,0% |
| 45 - 55% | 50.0% |
| 35 - 45% | 40.0% |
| Less than 35% | zero |
When can you claim the disability pension?
The disability pension is paid if you leave employment after two years due to your disability. The pension is paid at the beginning of the month.
Please note: are you dismissed earlier than two years after the first day of illness due to disability? Then you will receive the disability pension only from two years after the first day of illness. And is your first day of illness before January 1, 2023? Then the rules apply as they applied before January 1, 2025. In that case, a waiting period for the disability pension of at least three years from the first day of illness applies.
Is the disability pension subject to annual adjustment?
Your disability pension is established when your employment contract ends. Philips Pensioenfonds seeks to raise its pensions annually to reflect the most recent derived consumer price index.
This index is established by Statistics Netherlands (CBS). The pension fund does not have an obligation to increase your pension, however: the Board of Trustees decides whether to raise the pensions, and if so by what percentage. Find out more about the indexation policy.
Numerical examples
Below are some calculation examples. In the examples, disability pension is abbreviated to AOP. The AO limit amount used is €75,864. This is the limit amount as of 1 January 2025. The limit amount is applied to your uncapped (part-time) salary.
Full disability with a pensionable salary below the ceiling amount
Your full-time pensionable salary is €40,000 gross per year, you were fully employed (100%) and now fully disabled (100%). The AOP of Philips Pension Fund amounts to:
5% * € 40,000 * 100% = € 2,000
Total disability pension at full disability € 2,000 gross per year.
Full disability with a pensionable salary above the ceiling amount
Your full-time pensionable salary is €80,000 gross per year, you were fully employed (100%) and now fully disabled (100%). The AOP of Philips Pension Fund amounts to:
5% * € 75,864 * 100% = € 3,793
75% * (€ 80,000 -/- € 75,864) * 100% = € 3,102
Total disability pension at full disability € 6,895 gross per year.
Totally disabled with a part-time pensionable salary below the limit amount
Your full-time pensionable salary is € 80,000 gross per year, you were working part-time (80%) and are now fully disabled (100%). The AOP of Philips Pension Fund is based on the part-time pensionable salary of € 64,000 (= € 80,000 x 80%). This is lower than the limit amount. The AOP of Philips Pension Fund is:
5% * € 64,000 * 100% = € 3,200
Total disability pension at full disability € 3,200 gross per year.
Related information
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Indexation policy
We try to increase your pension each year with price inflation. This is called 'indexation'. Do you want to know more about this?
Page indexation policy
Payment dates
We pay your pension in advance on the 1st working day of the month. The day and time when your pension is credited to your account differs per bank.
Go to payment dates