An IPC is a life insurance policy that allows self-employed business owners to build up a supplementary pension through their company. This is possible for:
The minimum contract duration is 5 years. The contract ends upon retirement or in the event of your death before retirement. The minimum annual contribution is €500.
"}},{"componentType":"sectionTitle","title":"Discover the key advantages of an Individual Pension Commitment (IPC)"},{"componentType":"paragraph","title":"An IPC offers smart financial benefits, both for your company and for your personal future by combining tax efficiency, flexibility and long-term security.","richBody":{"value":"Main advantages of an IPC for my company | Personal benefits from an IPC | |
|---|---|---|
Lower taxes: Under certain conditions, the paid premiums are 100% tax-deductible as a business expense. | Additional pension capital: You build up an extra pension reserve for your retirement. | |
Tailored solutions: You choose either the premium payment amount or the target capital you want to achieve, and your premiums are calculated accordingly. | Tax benefit: Under certain conditions, premiums paid by your company are not taxed as a benefit in kind on your personal income. | |
Flexibility: You can modify the contract at any time, adjusting it to your evolving needs. | Advance withdrawal option: You can request an advance on the ‘secure’ savings reserve to purchase, build, renovate or improve a property (that generates taxable income) located within the European Economic Area. | |
Combinable: An IPC can be combined with other professional pension plans, such as a group insurance policy or a VAPZ / PLCI. |
"}},{"componentType":"paragraph","richBody":{"value":"
Read the Financial Information Sheet and the General Terms and Conditions before subscribing.
"}},{"componentType":"sectionTitle","title":"Other advantages of an Individual Pension Commitment (IPC)"},{"componentType":"accordion","accordionList":[{"title":"Tax and Financial benefits:","richBody":{"value":"An IPC not only secures your future pension but also offers attractive tax advantages for your company.
"}},{"title":"Protection for you and your family:","richBody":{"value":"Safeguard your income and your loved ones’ financial security by adding optional insurance coverage to your IPC.
"}},{"title":"Advance withdrawal option","richBody":{"value":"Use part of your IPC savings to finance your new home or renovation project before retirement. You can draw on accumulated savings to purchase, build, renovate, or improve a property located within the European Economic Area.
"}},{"title":"Combining an IPC with other pension plans","richBody":{"value":"Boost your retirement savings by combining multiple pension plans such as a Voluntary Supplementary Pension for the Self-Employed (known as a PLCI or VAPZ in Belgium) or a group insurance plan, to maximize your overall pension.
"}}]},{"componentType":"sectionTitle","title":"Exclusions and Limitations"},{"componentType":"paragraph","richBody":{"value":"There are certain conditions under which the insurance may not pay out.
A payout will not be made if your death results from:
For the full list of guarantees, exclusions and charges, read the Financial Information Sheet (PDF -FR) and the General Terms and Conditions.
"}},{"componentType":"sectionTitle","title":"Costs and Fees"},{"componentType":"paragraph","title":"Understand the applicable costs to make a fully informed decision about your IPC.","richBody":{"value":"| Fee type | Details | |
|---|---|---|
| Entry fee | Up to 6% on each premium payment | |
| Management fee | The management fee depends on your chosen plan:
| |
| Taxes applied to an IPC |
|
"}},{"componentType":"sectionTitle","title":"Frequently asked questions"},{"componentType":"accordion","accordionList":[{"title":"What is the tax rate at payout?","richBody":{"value":"
In case of payout following the retirement or death of the company director, the amount is taxed at a rate of 16.5% (excluding municipal taxes and after deduction of social security deductions). However, if the company director retires at the age of 65 (or later) and remained professionally active until then (or has completed a full career of 45 years), the pension capital is taxed at a favorable rate of 10% (excluding municipal taxes and after deduction of social security deductions)
"}},{"title":"Can I adjust my IPC contract?","richBody":{"value":"Yes, you can modify your IPC contract at any time, for example by changing the premium amount or adjusting the allocation between the secure savings and investment components
"}},{"title":"When and how you receive your IPC benefits","richBody":{"value":"The accumulated capital is paid out as a lump sum or as an annuity:
Yes, you can add disability coverage, ensuring financial protection if you are unable to work due to illness, accident, or mental illness.
"}},{"title":"Can my family be protected in the event of my untimely death?","richBody":{"value":"Yes, life insurance can be included so that your family receives a payout if you pass away before retirement.
"}},{"title":"What is the difference between branch 21 and branch 23?","richBody":{"value":"Branch 21: Guaranteed interest rate (currently 1.6%) plus potential profit sharing.
Branch 23: Linked to investment funds; no guaranteed return but a potential for higher gains.
"}},{"title":"Can I combine branch 21 and branch 23?","richBody":{"value":"Yes, you can combine both branches in one contract. This mix can be adjusted depending on your financial goals and risk appetite
"}},{"title":"Are my IPC premiums tax-deductible?","richBody":{"value":"Yes, IPC premiums are fully deductible as a business expense, provided the total pension build-up (legal + supplementary) does not exceed 80% of your final salary.
"}}]},{"componentType":"sectionTitle","title":"Complaints"},{"componentType":"paragraph","richBody":{"value":"What if I have a complaint?
Not entirely satisfied with the distribution of this product?
Our Complaints Department and Ombudsman are there to help you.
Not completely satisfied with your AXA Individual Pension Commitment (IPC)?
Contact AXA online: customer.protection@axa.be
"}}]},"complementaryZone":{"flexComponents":[{"componentType":"sectionTitle","title":"Also interesting!"},{"componentType":"articleCard","cardType":"article","cardSize":"medium","title":"Supplementary pension in 2026: what’s changing for the self-employed?","body":"How can you continue to plan tax-efficiently under the new framework?","image":{"transformBaseUrl":"https://assets.ing.com/transform/e48fb006-efa0-4f1b-9698-11698eb6657f/Man-celebrates-in-the-morning-artikel-aanvullend-pensioen-in-2026","type":"image","width":5700,"original":"https://assets.ing.com/m/6de57337bc5db595/original/Man-celebrates-in-the-morning-artikel-aanvullend-pensioen-in-2026.jpg","extension":"jpg"},"date":"2026-03-02","link":{"url":"/en/business/insurance/supplementary-pension-2026-self-employed"}},{"componentType":"articleCard","cardType":"article","cardSize":"medium","title":"5 reasons to build a supplementary pension through your company","body":"Is saving through the second pillar pension worth it? Read how to do this thoughtfully.","image":{"transformBaseUrl":"https://assets.ing.com/transform/b3a01cdb-29f8-4d03-8aa1-72c54ae938f0/Mature-businessman-in-suit-stretching-out-his-arms-in-front-of-a-glass-building","type":"image","width":1920,"original":"https://assets.ing.com/m/b870bbd7f633505/original/Mature-businessman-in-suit-stretching-out-his-arms-in-front-of-a-glass-building.jpg","extension":"jpg"},"date":"2025-10-22","link":{"url":"/en/business/insurance/supplementary-pension-company"}}]},"legalZone":{"flexComponents":[{"componentType":"sectionTitle","title":"Legal provisions:"},{"componentType":"paragraph","richBody":{"value":"Insurance intermediary: ING Belgium NV, insurance broker, registered with the Belgian Financial Services and Markets Authority (FMSA) under code 0403200393. Company headquarters: Marnixlaan 24, B-1000 Brussels - Brussels Register of Commerce - VAT No. BE 0403.200.393 - www.ing.be - BIC: BBRUBEBB - IBAN: BE45 3109 1560 2789.
Insurer: AXA Belgium, public limited insurance company authorised under no. 0039 to practise in the life and non-life branches (KB04-07-1979, BS 14-07-1979) with the National Bank of Belgium located at Berlaimontlaan 14, B-1000 Brussels - Headquarters: Troonplein 1 - B-1000 Brussels (Belgium) - website: www.axa.be - Tel.: 02 678 61 11 - Fax: 02 678 93 40 - VAT no. BE 0404.483.367 - Brussels Register of Commerce no. 7.06.5833 - 0616.
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