Demonstration ledger, 2016-2026
Guaranteed interest is tracked by contribution generation: reserves built from 2016-2024 contributions earn 1.75%; contributions from 1 January 2025 earn 2.50% (WAP Art. 24 as amended by the Law of 18 December 2015).
| Year | Pensionable payroll | Contributions due (8%) | Contributions paid | Fees (0.5%) | Interest credited | Interest required | Benefits paid | Closing reserve |
|---|
Conformity findings
Guaranteed rate by contribution generation
What this demonstrates
The two seeded discrepancies mirror the errors that actually occur in insured Belgian plans: a contribution remittance computed on a stale payroll basis, and post-2025 contribution generations still credited at the old 1.75% floor after the statutory minimum moved to 2.50%.
In the engagement, the same checks run against the insurer's actual annual statements, the Embassy's payment records, and the plan rules, with every exception quantified, aged, and paired with a remedy, exactly as the Survey Report guidelines require.
Investment performance (Task d) extends this ledger view: credited returns and profit sharing are compared against market benchmarks for the same periods to assess whether asset growth is in line with market experience.