As a company manager, you want to keep your colleagues motivated. Should you raise their gross salaries? Maybe, but they will not receive the same amount after tax. The KBC Team Benefit Plan enables you to offer your employees a beneficial alternative. It is a simple way to organise a high quality supplementary pension policy for your employees. Not only that, but during their careers they benefit from additional security due to the supplementary insurance cover. Your employees keep twice as much as they would from a pay raise. And your benefit? You safeguard the future of your staff and your company.

All of your employees are eligible. However, you can also restrict the group insurance to certain staff categories, such as senior management, managerial positions or the general workforce. And what budget is it for? That's up to you! 

There are now two formulas within the KBC Team Benefit Plan that are fully tailored to the needs of SME's. They offer a simple, high quality supplementary pension with the minimum administrative burden. The ideal choice to get started.

• Formula with a fixed amount: you pay a fixed amount per employee. This sum is indexed by 2% annually. As a result, the supplementary pension and benefit payments change in line with the length of life.
• Formula with an amount proportionate to pay: you provide your employees with a supplementary pension and minimum death benefit proportionate to their individual pay. Because of the indexation based on pay, the supplementary pension and benefit payments change in line with the length of life.

If you opt for the formula with an amount proportionate to pay, you can also opt to have KBC cover your employee's loss of income by topping up the allowance they receive from the NIHDI to increase it to 80% of their gross taxable income. For this option, you pay a premium on top of the base premium.

Is your employee unable to work? If so, you do not have to pay a premium for their pension plan. KBC takes care of this for you. The result: Your employee's ongoing pension contributions are safeguarded, and the employee also retains their life insurance cover.

Good health is a sound basis for all. And if things aren't going so well, it is a benefit for each employee that their employer has already considered the financial consequences of a hospitalisation. With the extensive cover under KBC Group Hospitalisation Insurance, you give yourself and your staff a rewarding solution. What's more, the premiums are exempt from social security contributions and as such form a worthy alternative to a salary increase.