Insurance Retirement | AXA Assurances Luxembourg
AXA Assurances Luxembourg

The pension system in Luxembourg is based on three pillars:
- The statutory pension
- The supplementary pension paid by the employer (optional)
- The supplementary pension built up personally (optional)

The statutory pension

The granting and amount of statutory pensions in Luxembourg take three criteria into account:

• Age: the legal retirement age is 65. But early retirement is possible at 57 or 60 under certain conditions.

• The period of professional activity during which you have paid contributions (called “stage”): 120 months minimum within the European Union, Switzerland, Liechtenstein, Norway and/or Iceland (including at least one year in the Grand Duchy).
A forty-year stage must be proven in order to benefit from a full pension.

• Income received during the stage.

More information at

The supplementary pension paid by the employer

Your employer can elect to offer you a pension scheme which supplements the statutory State retirement pension.

The supplementary pension built up personally

To avoid risking a drop in your standard of living when you retire, you are strongly advised to take out retirement insurance from a private Insurance Company like AXA. This will supplement the statutory pension and the employer's pension scheme.

In addition, these products are tax-deductible (Art. 111bis LIR – Luxembourg Income Tax Law), provided that they are taken out for a minimum of ten years (more information on our Taxation page).

AXA offers two retirement insurance products: Alizea and Save for Life Pension.

Services & Advice:

Taxes in Luxembourg: new tax deductions

  • With the 2017 tax reform, the Luxembourg State intends to boost the purchasing power of taxpayers, residents, etc.

Financial investments that pay off

  • Investment funds offer a promising return on your savings to make your money work for you, entitling you in some cases to tax deductions.

Contact an AXA Luxembourg agent

  • In each region of the Grand Duchy, an advisor is at your disposal to offer you their services and expert advice on insurance solutions.