VMware provides pensions contributions through a Defined Contribution Plan with Ageas Pensões.


All regular employees working on a full time or part time employment contract.

Employees participate on a voluntary basis.

Plan Design

Plan Components
Plan Components Included in the Retirement Plan Defined Contribution DC Individual Plan. Accumulation of contributions (employer + employee), investment returns and direct state subsidy
Pensionable Salary Basic salary: Gross base salary + holiday and Christmas allowances
Normal Retirement Age The legal retirement age is linked with the life expectancy, and it is adjusted every year. As of 2022, it is 66 years and 7 months. From 2023, it is 66 years and 4 months
Employee Contribution Up to 4% of base salary (voluntary)
Employer Contribution 2.5% of base salary, plus the Company matching 50% of the employee’s contribution up to a maximum of 2%


Upon joining, please complete the application form and return to HR Source.

When Coverage starts

You can join the plan as soon as you start your employment with VMware.

When Coverage ends

The company contribution will cease on your last day of employment with VMware.

Contact Us

Contact HR Source [VMware network access required]
ASK HR [VMware network access required]
Phone: 1-888-869-2738

Last Updated: 13 Oct 2022, 1:11 PM