Choices for the new pension

Social partners of the industry or your employer decide about the new pension. It depends on the type of affiliation of your employer, which choices are available and who will be making the agreements about the new pension.

Your employer decides

Your employer decides about the pension if they opted to arrange the pension with us.

The industry decides

In some industries, pensions are arranged with us automatically. In these industries, it is the social partners who decide about the new pension.

Social partners make agreements about the new pension

Social partners from the industry make agreements about the new pension. They draw up a plan for the entire sector and make choices for the new pension. They decide on:

the level of the premium
the percentage of the partner’s pension
any compensation for certain age groups
any additional arrangements such as a top-up scheme or temporary extra partner’s pension

The type of contribution scheme has already been determined. Everyone will have a solidary contribution scheme. The basic principle also means that all accrued pensions will be transferred to the new scheme. In exceptional cases only can the industry decide against transferring the accrued pensions. For example, if conversion is quite unfavourable for certain groups.

Check out the differences between the old and new pension

If you want to find out more about the differences between your current pension and the new pension, please read our brochure. In this brochure, we provide an overview of the differences for you.

Your employer decides about the new pension

Your employer will make agreements for your new pension together with the employee representatives, such as unions and a works council. This varies from employer to employer. Together they decide on:

the type of contribution scheme: solidary or flexible
the level of the premium
the percentage of the partner’s pension
any compensation for certain age groups
any additional arrangements such as a top-up scheme or temporary extra partner’s pension

The basic principle is that all accrued pensions will be converted into the new scheme. In exceptional cases only can your employer decide against transferring the accrued pensions. For example, if conversion is quite unfavourable for certain groups.

If you want to find out more about the choices your employer has to make, please read the information for employers.

Check out the differences between the old and new pension

Want to find out more about the differences between your current pension and the new pension? And about the solidary or flexible contribution scheme? If you want to find out more about the differences between your current pension and the new pension, please read our brochure. In this brochure, we provide an overview of the differences for you.