There are several ways you can arrange for your early retirement pension to come into payment, depending on the type of pension scheme you have: an average pay scheme or a final pay scheme (a defined benefit agreement) or a defined contribution scheme (defined contribution agreement). If you are not sure what type of pension scheme you are a member of, please consult the information about the different types of pension schemes (in Dutch) or check your Uniform Benefit Statement (UBS).
Are you accruing an early retirement pension via an average pay scheme or a final pay scheme?
If you are, you will have certainty regarding the amount that will be accrued by the early retirement date and the amount that will be paid out to you as an early retirement pension. You will receive a letter from us three months before the early retirement date, specifying which information you need to forward to us and what you need to do.
Are you accruing an early retirement pension via a defined contribution scheme?
If you are, you will need to use your accrued pension capital to purchase an early retirement pension. This pension benefit is a temporary benefit and will usually be paid out to you only until your retirement pension comes into payment. You will receive a letter three months before the retirement date, providing an estimate of how much pension capital you can expect to receive on the retirement date. If you are using your pension capital to purchase an early retirement pension you will need to follow the procedure described below:
- Choose an insurer for your early retirement pension. You are entitled to purchase an early retirement pension from any provider you wish. This means you can purchase this pension from us, but that you are also entitled to choose another insurer. We therefore recommend requesting several quotes from various insurers.
- Request a quote. If you want to know what level of retirement pension you could purchase from us, please complete the ‘Request a quote for temporary pensions and early retirement pensions’ form. You will then receive a quote from us within 10 working days.
Request a quote directly (in Dutch)
If you wish to purchase an early retirement pension from another insurer, please complete the Transfer pension capital (in Dutch) form and return it to us. We will then ensure the pension capital is transferred to the insurer you will be purchasing a pension from.