If you are insured with VFF Pension, you can convert your time bank hours into a beneficial pension saving in your Volvo Företagspension.
Register directly in your time-report. In addition to you getting a higher pension, the company adds about an extra 5.7 %, which increases your future pension still further.
You can see your employer’s terms & conditions at Qualification – terms and premiums.
Below you can see a sample calculation of how much extra you can get in your pension if you convert 10,000 kronor in the time bank, assuming 2.5% return and depending on your age. We base the calculation on you drawing your pension from the age of 65, monthly for 5 years.
|Year of birth||Amount saved||Age||With repayment cover||Without repayment cover|
|2000||10,000 SEK||20||23,460 SEK (391 per month)||26,280 SEK (438 per month)|
|1990||10,000 SEK||30||19,620 SEK (327 per month)||21,720 SEK (362 per month)|
|1980||10,000 SEK||40||16,380 SEK (273 per month)||17,880 SEK (298 per month)|
|1970||10,000 SEK||50||13,740 SEK (229 per month)||14,760 SEK (246 per month)|
|1960||10 000 SEK||60||11,460 SEK (191 per month)||12,000 SEK (200 per month)|