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Complementary pension

Would you like to take full advantage of your retirement? Start preparing for your future now by taking out a supplementary pension plan. With Pension Plus and Alizea, you will also receive attractive tax benefits.

The advantages of a supplementary pension plan


  • Choice of amount and payment frequency
  • Choice of policy expiry date: You can enjoy your savings from the age of 60, provided that your policy has run for at least 10 years. You can, if desired, extend the term of your policy, but to no longer than your 75th birthday.
  • Options on expiry of your policy: You may choose either to receive a monthly annuity or a lump sum limited to no more than half of the savings made (the remaining balance will be paid as a monthly pension).


  • With Pension Plus, you entrust the management of your future pension to our fund managers and, together with your BIL relationship manager, you define your investment strategy according to your risk profile.
  • With Alizea, offered in collaboration with our partner AXA, you are opting for a risk-free policy with a guaranteed return.
  • Control of the policy
  • You are free to designate your beneficiary(ies) in the event of death.
  • In the event of death after the policy expires, the pension amount will be paid to the surviving spouse.
  • You can track the progress of your savings at any time in the client area (BILnet for Pension Plus, AXA client area for Alizea).

Combine tax benefits

Attractive tax regime in Luxembourg for this type of product

You benefit from significant tax deductions throughout the term of the policy (minimum term: ten years). Indeed, all or part of the amount of the premiums paid can be deducted from your tax base according to the ceilings shown below.

Under 40 40 to 44 45 to 49 50 to 54 55 to 75
Tax-deductible ceiling EUR 1,500 EUR 1,750 EUR 2,100 EUR 2,600 EUR 3,200

If you are married, your spouse can obtain the same benefits by taking out a second plan, for which the deductible premiums will depend on their age on 1 January of the year in which they take out the plan. At the end of the plan, the lump sum is taxable in Luxembourg at half the global rate and 50% of the annuity is tax exempt.

Your BIL relationship manager is at your service to discuss these tax measures in more detail.

How to apply?

Visit the BIL branch of your choice to open your Wüstenrot mortgage savings plan. For any changes to your contract (e.g. a change in the amount of your savings), contact your BIL relationship manager.

Make an appointment