Pension Plans

  • What is a pension / prevision plan?

    It consists in the periodic contribution of some amounts that will allow it to constitute a capital, as a supplement to retirement.

    Although the objective of both products is the same, Los Planes de Previsión are exclusive products of the CAV.

    Contributions are fiscally deductible.

  • How can you hire?

    In any office of Caja Laboral, calling Telebaka (901333444) or through Caja Laboral Net.

  • Who can not be consulted?

    No. A Forecast Plan or Pension Plan allows two types of participants. Owner and Beneficiary. It is the owner who can act on it, both to perform any operation, as well as inquiries.

  • Can I have the money whenever I want?

    PREVIOUS PLANS

    It is a savings constituted for retirement, but you can avail in advance of the total or partial amount of the economic rights, corresponding to the contributions made to plans that have an age superior to ten years.

    In addition, other contingencies are contemplated such as unemployment, sickness, disability, or death, in which it is not necessary to wait for that term.

    PENSION PLANS

    It is a savings constituted for retirement, but as of January 1, 2025, you can also have contributions that are older than ten years.

    In addition, other contingencies are contemplated such as unemployment, sickness, disability, or death, in which it is not necessary to wait for that term.

  • Contributions taxation:

    Reduce the General Taxable Base.

    PREVIOUS PLANS

    Exclusive product of the CAV.

    The annual ceiling for reduction is € 5,000 in the three provinces (Gipuzkoa, Bizkaia and Araba).

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    PENSION PLANS

    • NAVARRA
      The annual maximum reduction limit is the lowest among: € 3,500 or 30% Net Returns of Work and Economic Activities (€ 6,000 or 50% over 50 years of age)

    • STATE
      The annual maximum reduction limit is the lowest among: € 8,000 or 30% Net Income from Labor and Economic Activities.

  • Fiscality rescues:

    They tax as Work Performance.

    PREVIOUS PLANS

    • Perception in the form of capital : A 40% reduction will be applied to the first benefit received for each of the different contingencies provided that more than two years have elapsed since the first contribution. The term of two years will not be required in the case of benefits due to disability or dependence.
    • Perception in the form of income : It is 100% integrated.

    PENSION PLANS

    NAVARRA

    • Perception in the form of capital : A 40% reduction will be applied to the first benefit received for each of the different contingencies provided that more than two years have elapsed since the first contribution. This reduction shall apply to the amount resulting from discounting the amount of contributions made within a period of one year prior to the date on which the benefit is received. The term of two years will not be required in the case of benefits due to disability or dependence.
    • Perception in the form of income : It is 100% integrated.

    STATE

    • Perception in the form of capital : Integrates 100%.
      As of 01/01/2007, benefits in the form of capital do not benefit from reductions except as provided in the following transitory regime that results from application to contracts signed before 01/01/2007.
      A reduction of 40% will be applied to the benefits derived from contributions with more than two years of seniority in the following terms:
      (*) The benefits derived from contingencies that occurred before 01/01/2007 result from the application of the existing financial and fiscal system until 12/31/2006, which was characterized by the application of a 40% reduction in benefits Retirement or death of pension plans in the form of a capital when more than two years have elapsed since the first contribution (in case of invalidity benefits, the requirement of the 2-year period after the first contribution is not required)
      This regime also applies to the contingencies that have occurred since 01/01/2007 for the part corresponding to the contributions made until 12/31/2006.
    • Perception in the form of income : It is 100% integrated.
  • What operations can be done with plans?

    • Regular contributions and modifications of them.
    • Extraordinary contributions.
    • Transfers between plans.
  • Profitability:

    The profitability that you can obtain with a Pension or Forecast Plan is unknown at the time of hiring. This information is known when it is rescued and will depend on the net asset value of that day.