Pension contribution
Radboud University is a member of the ABP pension fund. ABP announced in December 2023 that the contribution rate will decrease in 2024. Due to the CAO increase, your ABP annual salary on 1 January 2024 is higher than last year. As a result, the various pension contributions in 2024 are higher than in 2023.
Payroll tax
Despite this increase, most employees do keep more net salary. This is because less payroll tax is withheld from your salary. This depends on your personal situation, including, among other things, the number of hours you work, your salary and the date you started working at Radboud University.
You can view your first pay slip for this year in BASS or in the portal on 24 January.