Investing in life-course

As part of the Employment Conditions Selection Model (ECSM), you can select to occasionally make a tax-free deposit into your life-course savings account.


  • Time - a maximum of 10 leave days
  • Money – holiday allowance, end-of-year bonus and/or salary


  • Making a deposit into the life-course savings account is only possible if you had a balance of at least € 3,000 on 31 December 2011, as described in the life-course savings scheme.
  • You may only make a tax-free deposit for your life-course savings if you have a life-course savings account.
  • If you opt to use a money source, you must select a fixed amount or a fixed percentage.
  • If you use your holiday allowance as a source, you must submit your request in April at the latest. For the end-of-year bonus the deadline is November.


You can apply to make a life-course savings scheme deposit by submitting a completed and signed Life-Course Savings Scheme ECSM application form to the HR department of your organisational unit.

Please note

  • Since the money sources decrease your salary, you do not pay tax or social security contributions on these sources. This means that the amount of a benefit under the Unemployment Insurance Act or Work and Income (Capacity for Work) Act may be lower.
  • The deposit is made within two months, at the same time as your salary payment.

More information

Please contact your HR department for more information and/or if you have any questions.