Have you ever wondered what “StiPP pension” actually is? Here a short explanation!
StiPP stands for “Foundation Pension Fund for Staffing Services” and it is a pension fund specifically designed for employees. It serves as a supplement to your state pension (AOW), and participation becomes mandatory once you meet the eligibility criteria.
Do you need to do anything? No, we take care of it for you. We believe that everyone deserves a good pension plan, so we choose to enroll you directly in StiPP Plus.
How do you know if you have been enrolled? You can see the deductions made for StiPP on your pay slip. We report this information to StiPP periodically. If you are being enrolled for the first time, you may receive a letter or notification from StiPP that allows you to log in to your personal portal.
Here are some benefits of the STIPP pension:
- It provides a supplement to your state pension (AOW) once you reach retirement age.
- In addition to your own contributions, Staffice also contributes to the pension fund.
I hope this explanation has helped clarify what StiPP is all about. Don’t forget to check out our FAQ section for other helpful tips and explanations.