Please upgrade your browser

We take your security very seriously. In order to protect you and our systems, we are making changes to all HSBC websites that means some of the oldest web browser versions will no longer be able to access these sites. Generally, the latest versions of a browser (like Edge, Chrome, Safari, etc.) and an operating system family (like Microsoft Windows, MacOS) have the most up-to-date security features.

If you are seeing this message, we have detected that you are using an older, unsupported browser.

See how to update your browser

My time savings

My time isn’t lost, it’s saved for my retirement.

You can transfer the euro equivalent of the days registered in your Time Savings Account (CET), or, if not available, unused leave days, into your dedicated retirement savings plan (PERCO, PERCOL, or PERO).
The number of days you can transfer each year is specified in your company’s CET agreement.

I don’t have a time savings account (CET)

The rights that can be transferred include, for example:

  • RTT days (reduction in working time),
  • days granted under collective agreements,
  • paid leave days beyond the fourth week

Transferred amounts are exempt from income tax and part of employee social security contributions, up to a limit of 10 days per year.
These funds are then locked in until your retirement or the legal retirement age (except in cases of early release, such as purchasing your primary residence).

Taxation of time savings

Taxation of time savings

Source: HSBC Asset Management. February 2026. For illustrative purposes only.

Spotlight on

Our funds range (FCPE)

My retirement savings

Shortcuts

Back to top