The INAMI contract

The legal pension is usually not enough to maintain your standard of living when you retire. To enjoy a happy retirement, it is best to build up a sufficient complementary pension yourself.

As a self-employed doctor, dentist, pharmacist, physiotherapist, speech therapist, midwife or nurse, the INAMI contract is an ideal basis for building up a complementary pension.

Thanks to the payment of 10% of each INAMI intervention – minus the premium for incapacity for work – into a solidarity fund, you are entitled to:

• a monthly allowance for up to one year in the event of incapacity for work
• payment of the premium for the complementary pension insured by AG in the event of incapacity for work after a waiting period of 12 months
• an intervention in the event of maternity leave
• a survivor's pension for your loved ones for 10 years if you die before the end of the contract
• a lump-sum payment of twice the last pension premium if you become seriously ill before the end of the contract

The INAMI intervention is a financial compensation paid annually by the National Institute for Sickness and Disability Insurance to affiliated doctors, dentists, pharmacists, physiotherapists, speech therapists and independent nurses.

To benefit from the INAMI intervention, you must meet three conditions:

• be fully or partially affiliated
• meet the activity threshold defined for your profession
• have an active contract on ProSanté into which your intervention will be paid

The amount of the INAMI intervention varies depending on the profession you practice. You will find an overview of the current applicable interventions below. You can choose to invest this amount in a complementary pension or in a guaranteed income insurance policy – the latter is not possible for speech therapists and independent nurses.

Manage your INAMI intervention on ProSanté.

The amounts mentioned for 2023 and 2024 have been indexed to the amounts for 2022 and 2023, except for the amount for midwives introduced for the first time in the 2023 premium year. These amounts are subject to confirmation on the INAMI website or modification by royal decree.

The net amount of each premium – after deduction of taxes and entry fees – is invested until your pension (early) at the interest rate in force at the time of payment. This rate remains valid for the entire duration of the contract.

You also benefit from a possible annual profit-sharing payment on your premiums. This profit-sharing payment is not guaranteed, may vary from year to year, and depends on AG's results and the economic situation.

The gross overall yield – the guaranteed interest rate + the profit-sharing payment – of the INAMI contract from AG was 2.40% in 2024. This yield does not take into account fees and taxes.

Here is a summary table of the gross overall yield for the last five years. It relates to past years and is not a reliable indicator of future yield.

Your INAMI contract will be released on your statutory retirement date (early). When the capital is paid out, you pay an INAMI premium of 3.55% and a solidarity premium of up to 2% on the acquired capital and profit-sharing payment.

Furthermore, the capital is taxed according to the fictitious annuity system. This means that, for 10 or 13 years, you will have to declare a small percentage of the capital in your personal income tax return. The percentage to be declared and the duration of the declaration depend on your age at the time of pension payout.

Your profit-sharing payment is exempt from this taxation.

Complementary pension insurances for workers are not covered by the protection regime applicable to branch 21 products and are therefore not covered by the Financial Services and Markets Authority.

To reflect the responsible nature of its products, AG implements various strategies, including:

• integrating environmental, social and governance factors (using ESG risk scores, among others)
• excluding controversial activities (tobacco, arms, coal, unconventional energy sources, such as tar sands and shale gas and oil)
• excluding companies that do not respect the principles of the United Nations Global Compact
• adopting a "best-in-class" approach
• active ownership

This product has ecological or social features but does not have a specific sustainable investment objective. You can find more information on AG's approach to sustainable and responsible investing applied to its branch 21 products.

Please read the general terms and conditions and the information sheet before concluding the contract.

• INAMI Contract – General Terms and Conditions
• INAMI Contract – Information Sheet
• Environmental and/or Social Characteristics - Information Sheet

Complaints can be made to BNP Paribas Fortis SA, Complaints Department (JQABD), Montagne du Parc 3, 1000 Brussels (tel. 02 228 72 18, email gestiondesplaintes@bnpparibasfortis.com), or via the online form available on www.bnpparibasfortis.be > Suggestions or complaints > online complaints form.

If you’re not happy with the proposed solution, you can send your complaint by post to the Insurance Ombudsman, Square de Meeûs 35, 1000 Brussels – BCE 884.072.054 – Tel: 02 547 58 71– info@ombudsman-insurance.be – www.ombudsman-insurance.be.

AG Insurance SA/nv – boulevard Émile Jacqmain 53, B-1000 Brussels – RPM/RPR Brussels – VAT BE 0404.494.849 – www.aginsurance.be -  info@aginsurance.be. Accredited insurance company licenced under code number 0079, under the supervision of the National Bank of Belgium, boulevard de Berlaimont 14, B-1000 Brussels.

Intermediary: Montagne du Parc 3, B-1000 Brussels – RPM/RPR Brussels – VAT BE 0403.199.702, registered with the FSMA, rue du Congrès 12-14, B-1000 Brussels, under code number 025879 and acting as a contractually appointed insurance agent on behalf of AG Insurance SA/nv. BNP Paribas Fortis SA/nv holds a stake of more than 10% in AG Insurance SA/nv.