With the Vodafone Pension Plan, we – you and Vodafone – prepare together for your retirement. Every month, you make a small contribution and Vodafone adds double that amount on top.
If that were not enough, you can pay in additional contributions to prepare for the future even more, all on a flexible and fully voluntary basis.
If a disability leaves you unable to work or if you pass away, you or your surviving dependants will receive an additional risk benefit financed entirely by Vodafone alone.
What do I need to do?
Nothing at all – we enrol you in the Vodafone Pension Plan automatically. Vodafone pays a monthly contribution of three per cent of your gross base salary (including supplements) up to the income threshold and 16 per cent for parts of your salary above the income threshold.
You probably already know that the state pension is usually not enough to maintain your standard of living during retirement. This is why the Vodafone Pension Plan gives you the option to prepare even more – by letting you pay additional voluntary contributions into your pension account. The process is simple.
You have a choice: sacrifice part of your gross base salary (including supplements) every month, or make one-time payments into your pension account. The Vodafone Pension Plan offers many attractive options for you to contribute a little extra by yourself.
You can use the portal to enter the voluntary contributions that you wish to make and the amount of your salary that you wish to sacrifice.
‘Preparing together’ is the basic principle behind our company pension plan. We pay the core monthly contribution for you and, if you like, you can do more – by making your own voluntary contributions through salary sacrifice.
Furthermore, we protect you for the worst-case scenario with risk coverage. If a disability leaves you unable to work or if you pass away, Vodafone will look after you and your surviving dependants with a risk benefit.