General information on the consequences of participation in the object concerning an (additional) commuter allowance

1. For this object you are required to make a choice on an annual basis. The P&O information bulletin will let you know in plenty of time how to inform the organisation of your choice.
2. A reduction in your gross salary is reflected in your salary-related allowances and reimbursements, and in the social insurance contributions you are required to pay and your entitlement to these social insurance provisions. However, opting for this object does not affect pension entitlements.
3. In the event of occupational disability, this AVOM choice will be terminated from the first of the month following the start of the occupational disability, in accordance with the tax guidelines.
4. Should the tax authorities require an amendment to the method of calculation employed by FOM, then any such adjustment/correction will be carried out.
5. If any change should occur in the information you have supplied, you are required to inform the employer immediately. In the case of a change of location, FOM will automatically recalculate the amounts in relation to the new situation.
6. If approved, your AVOM choice will be processed in accordance with the established guidelines. You will not receive any additional confirmation. You will only be informed if your choice cannot be granted or can only be granted in part.
7. The number of days that you actually work is the decisive factor, not the part-time factor.

Example 1: travelling distance <10 km
The employee living at a distance of 6 km from his work and who is working five days a week is entitled to a CCE-amount of: (214 x 2 x 50 x € 0.19)/12 = € 40.66/per month*.
The reduction of the gross salary by € 40.66 per month gives a net salary reduction of approximately € 21.78 per month (at a tax rate of 42%). At the same time FOM pays you a net amount of € 40.66 for travelling expenses. Your resulting benefit is therefore € 40.66 - € 21.78 = € 18.88 net per month.

Example 2: travelling distance ≥10 km

The reduction of the gross salary by € 205.08 per month gives a net salary reduction of approximately € 112.39 per month (at a tax rate of 42%) At the same time FOM pays you a net amount of € 205.08 for travelling expenses. Your resulting benefit is therefore € 205.08 - € 112.39 = € 92.69 net per month.

Current net 'Travelling Expenses' Allowances:
0 - 10 km                                 no allowance
10 - 25 km                               214 x 2 number km x 0.15 euro/12 = net allowance
25 km or more                       maximum net allowance of € 133.75

* As determined using the routeplanner (http://route.anwb.nl/routeplanner/) with the settings "auto" and "snelste" (fastest route by car).
The average number of workdays on a fulltimebasis, is set to 214 per year. In this number holidays, leave, and an assumption for absence through illness are taken into account.