Manage pension data

Why have a supplementary pension database?

Sigedis manages the “second-pillar” database DB2P, a central database containing supplementary pension data for employees and the self-employed.

The government initially set up the DB2P database to check compliance with the tax and social security rules more effectively. Since then, our database has become an important source of information for pension providers, employers and companies, policymakers and citizens.

All new supplementary pension plans must be registered in DB2P. Over 180 pension providers (pension funds and insurers) provide data, giving us an accurate and comprehensive picture for anyone paying into a supplementary pension of that pension’s status every year. Sigedis manages, collects and processes the data, making it available to the government, professionals, and citizens who want to keep track of their supplementary pension status.

Pension providers: benefits and obligations

As well as being a legal requirement for pension providers, the DB2P database is an essential tool for simplifying and improving the management of supplementary pensions and for organising them more efficiently.

Advantages

• Easy consultation and correction of data through a secure online application.
• Pension providers are automatically informed of important life events such as retirement or death. This allows second pillar payments to be initiated more quickly without the recipient having to provide any documents.
• Sigedis automatically provides social security and tax data, ensuring that the correct tax rate is applied as soon as the pension starts to be paid.
• Since 2023, the pension recipient’s bank account number has also been passed on – with their permission – for more direct payments and fewer administrative procedures.
• Using a dedicated tool, Sigedis helps pension providers identify the right beneficiaries for death benefits, based on standard designation clauses (governing the order of beneficiaries). The tool allows them to search for relatives of the deceased pension recipient such as partners, children or parents.
• Pension providers receive updates (about matters such as termination, merger or deregistration) regarding their “pension organisers” (the employer or body with which the pension was accrued), based on data from the Crossroads Bank for Enterprises.

Obligations

• Insurers and pension funds that manage supplementary pensions are legally required to report a set of data to DB2P within specific deadlines and in accordance with clear reporting instructions. These instructions are developed in consultation with users and data providers, approved by the Management Committee of the Crossroads Bank for Social Security (together with the social partners) and published by Sigedis.
• Sigedis centralises and manages this data, ensuring its quality, security and confidentiality. We make it available to the relevant authorities, but we do not act as a supervisory body.
• In accordance with the “once-only” data collection principle, we automatically enrich declarations with data from, among other sources, the National Register, the Crossroads Bank for Enterprises, the Federal Pensions Service databases and our own career databases. This means that we avoid reduplicated administrative work and ensure that the data is complete.

You can find out all about your declaration obligations and the range of services offered by DB2P at PensionPro.be.

Discover  PensionPro.beay11.link.new_window

Pension organisers: keeping track and obligations

As a professional sector, employer or company organising a supplementary pension, you will only benefit from a tax deduction for the contributions paid if all the information about your pension plan or plans is correctly declared in our DB2P database. This means that it is essential to submit a correct declaration.

Although the pension provider (the insurer or pension fund) is responsible for reporting to DB2P, it is still important for you as the organiser to actively keep track of your file. This is why you have access to your own DB2P file via our secure online application.

This online application enables you to:

• check the information from the pension provider about your pension plan or plans;

• find extra information you need to meet your administrative obligations (such as payment of the 8.86% special contribution or the Wijninckx contribution);
• respond to the information contained in the file;
• and, if applicable, submit your own declaration concerning internal pension commitments and their payment.

In this way, our online application helps you to meet your obligations properly and gives you a clear overview of your supplementary pension plan or plans.

You can find out all about your declaration obligations and the range of services offered by DB2P at PensionPro.be.

More information on  PensionPro.beay11.link.new_window