News in brief: 31 July

- The Dutch pension fund for metal and technical workers, PMT, has extended its top-up scheme for higher earners by two years.

The scheme is for pensionable salary between €78,348 and €110,111 per year (2020 figures) and is voluntary for employers. Most contracts for this top-up scheme were due to expire at the end of 2020. Normally, the contracts would be extended by five years but the PMT board has decided to extend them by two years to coincide with the term end of the basic scheme, which expires in 2022.

- Denmark’s P Plus has launched the first part of its new member portal, My Pension.

"The purpose of the new portal is in the long run to make it as easy as possible for members to interact with their pension scheme when it suits them, and give them the best starting point for deciding on their pension scheme," P Plus communications manager, Anne Møgelvang, said. The development of the portal is on an ongoing basis and will give members the opportunity to calculate, adjust and change their pension.

- Denmark’s Sampension is giving its members the first chance to rent homes that it owns.

Customers at Sampension and members of the three pension funds ISP Pension, Arkitekternes Pensionskasse and Pensionskassen for Jordbrugsakademikere & Dyrlæger have the first priority on the waiting list for a rental property that is wholly or partly owned by the pension company in question and second priority when it comes to properties that are owned by one of the other companies in the Sampension community.

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