About Pension fund Horeca & Catering
Pension Fund
Horeca & Catering (PH&C) provides past or
present employees or their surviving dependants
with a replacement income after retirement or
death, and during periods of occupational
disability.
Mandatory participation
Participation in PH&C was declared mandatory
for the entire industry in 1964. That means all
individuals or legal entities operating a
hospitality or contract catering enterprise that
is required to register with the Horeca &
Catering Industry Board are obliged to
participate in the Fund.
Mandatory basic retirement pension
All employees aged 21 and upwards who have a
service contract with an employer falling under
the mandatory participation rule are required to
join the basic PH&C pension scheme. That scheme
provides for the accrual of a retirement
pension.
Supplementary pension products
PH&C participants may choose to build up
voluntary extra retirement pension rights and
take out voluntary insurance for a surviving
dependants’ pension. Employers can arrange for
these supplementary products on a group basis by
taking out a contract covering the entire
workforce. But individual employees may opt to
make their own arrangement with the Fund.
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