Nothing is certain in life except that your statutory self-employment pension will not be enough to maintain your standard of living.

Choose safe and tax-friendly pension savings through the Private Supplementary Pension for the Self-Employed (VAPZ)


The PSPS is a retirement savings formula specifically designed for the self-employed. It is never too late to start saving for a supplementary pension.

A PSPS is for everyone

The Private Supplementary Pension for the Self-Employed (VAPZ) is a pension savings formula designed specifically for the self-employed. Whether you are self-employed with or without a company - the VAPZ is accessible to everyone.
Start saving today for the future you deserve.

Why do I need a Free Supplementary Pension for the Self-Employed?

Tax benefit and lower social security contributions

With a Free Supplementary Pension for the Self-Employed (VAPZ), the premiums paid are fully deductible as professional expenses.
They are deducted from your net income, so you pay less taxes and your social security contributions are reduced.

Flexible combination options:

In addition to pension accrual, you can also take additional cover against disability or death.
This is more advantageous than taking out separate insurance policies.

Higher returns without premium tax

Unlike other pension formulas, no contribution tax is due on the VAPZ premiums.
Moreover, the guaranteed return in a PSPS is significantly higher than a savings account. Save for your retirement smartly.

What does an IORP cover?

The Free Supplementary Pension for the Self-Employed (VAPZ) offers flexibility in premium payments (annual, quarterly or monthly).

You are in control of the contribution level, with an entry threshold of just €100 a year. The maximum amount you can contribute depends on your income from three years earlier (with a maximum of €3,859.40 in 2023).

At retirement age, a nice capital awaits you built up from your paid-in contributions and an attractive guaranteed interest rate.

The PSPS is a secure Branch 21 type life insurance policy.

Are you looking for higher returns? Then you can invest the profit share received (or part of your pension capital) in a Branch 23 fund.
This way, you get the most out of your future financial retirement.

Frequently asked questions

Discover the most frequently asked questions about this insurance. Over the years, we have collected this information and summarise it here. Easy, right?

You can pay the premiums of your PSPS yourself, leading to reduced social security contributions and a lower tax burden.
Do you have a partnership? If so, you can have the premiums paid by your company. In that case, the premiums will be taxed as a benefit in kind.
Materné will be happy to guide you through this choice.

Premium taxes do not apply to VAPZ contributions.

A premium tax of 9.25% applies only when you choose supplementary disability cover.

There are two options:

  • The final capital can be paid out in one lump sum.
  • Or in the form of an annuity.

You can request an advance on part of your reserve.
This is possible e.g. when buying real estate.

This does come with some conditions.
Materné will work with you to find the best solution.

Certainly, you can guard against your pension shortfall from the government in several ways.

Materné is happy to help you develop the right retirement strategies that meet your expectations.

Other solutions for optimal coverage

Take the uncertain as the sure thing and discover our insurance policies that perfectly match it.

Turnover insurance protects your business against financial losses if you are (temporarily) unable to work due to illness or accident.
Guaranteed income
Guaranteed income for the self-employed is insurance that provides financial protection if you become incapacitated due to illness or injury.
Pension savings
Secure a good pension through retirement savings - take your fate into your own hands. Materné will be happy to guide you through the options.
Individual pension commitment for the self-employed (IPT)
An Individual Pension Pledge is designed to build up a supplementary pension over and above the statutory pension scheme for self-employed workers.
Protect your business against financial risks with credit insurance. Your invoices will be paid even if one of your customers goes bankrupt.
Accident insurance protects you from the financial consequences of accidents or injuries. Materné will compare the options with you.

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