Paying In

Vantage Towers is happy to help with your pension: we give you a base monthly contribution based on your income – just like that!

Yet if that were not enough, you can also choose to pay additional contributions into the Pension Plan – you decide whether it is a one-time payment or contributions out of your monthly base salary. This means we offer you a flexible system to prepare for your retirement – based entirely on your needs.

Vantage Towers base contribution

The formula:

3%+16%

Three per cent of your gross monthly base salary up to the income threshold and 16 per cent above the income threshold.

Additional voluntary contributions

You can do even more!

Add monthly contributions or one-time payments to look after your future through salary sacrifice.

The base contribution – a special something from us to you

For your gross monthly base salary below the income threshold, Vantage Towers pays three per cent of it into your pension every month. For parts of your salary above the income threshold, Vantage Towers puts 16 per cent into your pension account.

Learn more

Additional voluntary contributions – giving your pension a boost

You can make additional voluntary contributions to your company pension from your monthly base salary or through one-time payments. Contributions are tax-free an amounts equivalent to up to four per cent of the income threshold are not subject to social deductions either. Only when your pension is paid out are there taxes and social security deductions for the health and nursing insurance – however, the tax rate is usually lower when you are older.

Taking Control of your pension

You can improve your retirement even more with additional voluntary contributions. How much you would like to pay in is entirely up to you. You can change your mind at any time – to whatever suits your life at that point.

Pay in contributions

Additional monthly contributions

If you decide to make additional monthly contributions, you will forgo a certain percentage of your gross base salary. You can pay up to 80 per cent of your monthly salary into your Pension Plan.

One-time payments

Annual one-time payments such as bonuses, holiday pay or Christmas bonuses can also be paid into your company pension – you decide each time before they are given out.

Important: you have to record your decision on the portal in good time before receiving the payment. You will find the deadlines for this below. If you miss a date, you can always decide to make a monthly payment.

Furthermore, you can also make one-time payments into your Pension Plan: your severance, for example, if you leave Vantage Towers before you retire.

Earnings from Vantage Towers LTI programmes cannot be paid into your pension for tax reasons.

How high is the income threshold?

Decide for yourself and stay flexible

The Pension Plan gives you lots of room to make your own decisions, with the result that you can flexibly adjust your pension to your needs at any time.

Making your own contributions

Vantage Towers gives you your base contribution completely automatically – there is nothing you need to do for it.

Do you want to prepare even more for your future and make additional voluntary contributions? You can also set up your own contributions in your personal pension account. There is an option to enter a different amount for each type of voluntary contribution: simply enter your chosen contribution amount and you are done!

See account

Important dates

Please observe the cut-off date for each month when choosing your contributions.

The general rule is that all decisions must be made before your monthly salary is paid or the relevant one-time payments are made. These cut-off dates are generally in the first week of the month – though you can record your decision online on the portal at any time. What does that mean? If you are certain at the beginning of the year that you want your next bonus to be paid into your Pension Plan, you can record this decision months in advance.

Cut-off dates for 2025:

03rd January 2025
03rd February 2025
03rd March 2025
03rd April 2025
03rd June 2025
03rd July 2025
03rd August 2025
03rd September 2025
03rd October 2025
03rd November 2025
03rd December 2025

Paying into your pension and implications for tax and social security

Your contributions to your Pension Plan are funded from your gross pre-tax salary – which means that they reduce the income that is subject to tax.

Your contributions – up to an amount of four per cent of the income threshold – are also free from social security deductions.

Your pension is subject to tax and social security deductions only when it is paid out. However, your tax rate will usually be lower in retirement than during your working life.

More information about tax and social security deductions