They are long-term savings instruments whose objective is to build up capital to cover the contingencies specified in the fund, such as retirement, disability in its various degrees, severe dependency, great dependency or death, long-term unemployment, among others.

You can register directly on our website at this link. During the registration process, we will request your personal information, tax address, and we will require you to complete a convenience test and a knowledge test. At the end of the registration, you must tell us whether your operation corresponds to an extraordinary contribution or an entry transfer from another pension plan. You will also have to upload a copy of your ID or send it to info@horosam.com to complete the process.

The investment can be redeemed in the event of various contingencies, such as retirement, disability, long-term unemployment or death (redemption by the beneficiaries). In addition, the possibility of redemption is considered in situations of prolonged unemployment after exhausting the contributory benefit and in cases of serious illness affecting the participant, his/her spouse, ascendants or descendants. Furthermore, the option of redemption after 10 years is established. With the tax reform implemented by the government since January 2015, pension funds can be redeemed after 10 years have elapsed since their contracting, without the need for additional justification. It is important to note that, even if a 10-year seniority has been reached by 31 December 2014, the benefit cannot begin to be received under this condition until 2025.

The limit on contributions for the Individual Pension Plan is €1,500 per year.

Yes, it is possible to have the same pension plan with two different marketing entities, or even have it directly with us and with a third entity.