Module
Pension simulation for members and case handling
What would the result be if I retired two years earlier? What does a one-off payment achieve? netPension® gives you the answer at the push of a button – in-house and, if you enable it, for members themselves.
What can be adjusted
Three adjusting screws.
Retirement: desired date or age, alongside the standard retirement pension for comparison
Contributions: monthly compulsory and voluntary contribution with validity periods, continued contribution payment, annual increase
One-off payments: current and future, with their effect on the later benefit
What comes out
The expected pension benefit, broken down by source.
from compulsory contributions
the core of the entitlementfrom voluntary contributions
shows what additional payments achievefrom surplus distributions
depending on the statutes and resolutionsfrom special allocations
shown separately, not includedTotal
the retirement pension that results
The derivation can be viewed – as a total, annually and within the year, with contribution months, age and annuity factors. Anyone who has to explain a statement has the calculation right next to it.
Who simulates
In-house and working from home – the same calculation.
01
In case handling
The simulation sits in benefit administration right next to pension assessment and the benefit account. If the simulation leads to a decision, it becomes the assessment with one click – the values are not entered again.
02
In the member portal
Members call up their own simulation: choose the retirement date, start the simulation, and get the result as a total amount broken down by source, plus a detailed overview with amount and share. You decide per role what the portal shows. To the member portal
Frequently asked questions
Questions about the simulation.
Is a simulation binding?
No. A simulation is a projection based on the contributions known today and the assumptions set; it does not replace an assessment. A notice to this effect can be included in the statement and in the portal – you decide on the wording and placement.
Does the simulation calculate according to our statutes?
Yes. It uses the same calculation components as the benefit assessment. There is no simplified side calculation that could deviate from the later assessment.
Do we have to enable the portal to be able to simulate?
Yes, for members. The simulation in the portal is identical to the simulation in case handling. The portal is the second door to the same function.
Would you like to see what this looks like for you?
We show you netPension® along your questions – no slides, but the running software. Give us a call or request a demo.