Bankia Pensiones S.A., E.G.F.P.
Contributions will be made directly by shareholders and those made by other people or organisations are not allowed. However, in payment, brokerage by a third party accredited with the Fund Depository Institution as being duly authorised by the shareholder to make the payment will be allowed.
Contributions in favor of disabled people are exempt from the above provision in accordance with the Specifications.
If the chosen frequency is monthly, the minimum contribution will be 50 euros. If it is less frequently than monthly, the minimum contribution will be a whole multiple of that sum corresponding to the months in the period.
The shareholder may make additional contributions to those made periodically at any time of sums not less than 150 euros.
Incapacity to work of the shareholder, total and permanent for the usual profession, or absolute and permanent for all work and the severe disability.
Death of the shareholder or beneficiary, which can generate the right to a survivor's (widow/widower, orphan...) pension or allowance, or a benefit in favour of other heirs or designated persons.
Severe or high dependency dependence of the shareholder.
EXCEPTIONAL CASE OF LIQUIDITY: Long-term unemployment; Severe illness and Contributions with a longevity of over 10 years.
Shareholders and beneficiaries may mobilize for this pension plan consolidated and economic rights from any other pension plans they hold managed by other management institutions.
In the same way, you will be able to mobilize all or part of your consolidated and economic rights to any of the individual plans managed by Bankia Pensiones.
Management and Deposit fees
1.25 | 0.089
It is necessary to distinguish between the time of the contributions and the benefits:
The total amount of the contribution reduces the general part of the basis of assessment of the I.R.P.F. to the lesser of the following amounts: 8,000 euros a year or 30% of the sum of net earnings from work and economic activities received in the tax year.
The contributor whose spouse does not obtain payable incomes in the general part of the basis of assessment or it obtains them in amount lower than 8,000 euros a year will be able to reduce in the basis of assessment made contributions to pension plans which the above-mentioned spouse is shareholder, with the annual maximum limit of 2,500 euros.
Contributions made by disabled people: maximum reduction 24,250 euros a year. The following may make contributions to the pension plan of a disabled person (degree of physical or sensory disability of 65% or more, or mental disability of 33% or more, and in cases of legally declared disability, regardless of its degree): the spouse, persons directly or collaterally related to the disabled person up to and including the third degree, or who care for them in a guardianship or fostering arrangement, with a maximum of reduction of 10,000 euros a year. The application of the established reductions may not lead to a negative taxable sum.
Tax will be paid as on income from work.
a) As capital:
They do not originate reduction.
Temporary arrangement: for provisions deriving from contingencies occurring before 01/01/2007 and those occurring after 01/01/2007 for the part corresponding to contributions before 31/12/2006, beneficiaries may apply the reduction established in art. 17 of the Income Tax Act applicable on 31/12/2006. With general character, if the provision is received in the shape of capital a reduction of the 40 % will be applied on the consolidated right if the first contribution has a longevity of 2 years at least since was completed to date of the contingency.
From 1 January 2015 is limited the application of the aforementioned transitional arrangement (until 31/12/06) to perceived provisions in the exercise in which happens the corresponding contingency, or in the two following tax years
For plans that have not yet been redeemed whose contingencies have already occurred, the limit will be as follows
Contingencies happened in the exercises 2011 to 2014: the transitional arrangement will just be able to be from application to the provisions received until the completion of the eighth exercise next on that in which took place the contingency.
Contingencies happened in the exercises 2010 or previous: the transitional arrangement will be applicable just with regard to perceived provisions until 31 of December 2018.
b) As income:
They do not originate reduction.
Exemption of up to a maximum of 3 times the IPREM in the case of disabled people
Type of Guarantee
Bankia will pay plan shareholder into the associated account any difference existing between the committed actuarial amount (144.7988) and the net asset value that the share has on 30/07/2018. Only for contributions made on 08/02/2010 the revaluation at 30/07/2018 will be 19.32% (2.11% APR) of the accumulated guaranteed return.
Loss of Guarantee
Any right derived from the commitment given will be lost if there is an exit from consolidated rights of the Plan before 30/07/2018 derived from the following circumstances:
For accrued benefit
For mobilization (total or partial)
In cases of liquidity (total or partial)