If you have not yet retired and stop working, this always has consequences for your pension. You will accrue less or no further pension.
Leaving the company
In principle, if you leave the company, you no longer accrue pension capital with us. The pension capital that you have accrued is retained for you.
Every five years, you will receive a Uniform Pension Overview (UPO) from us. This personal pension overview shows how much pension capital you have at Flexsecurity. An up-to-date pension overview is available for you online each year. You can download this through the secure environment of this website: Mijn Pensioencijfers (‘My pension figures').
What can you do?
If you find a new job at another employer, you will probably accrue pension there again. You can transfer the pension capital that you have accrued with us to your new pension fund or insurer. This is called value transfer. Request this as soon as possible after starting at your new employer. You must submit this request to your new pension fund or employer.
Small pension?
If your accrued pension capital at Flexsecurity is lower than the commutation limit, we will automatically transfer the old-age pension that you accrued with our pension fund until the date of leaving your job as soon as you start to accrue pension with a new pension fund or insurance company. Your accrued pension therefore automatically goes with you to your new job. We check whether you are accruing pension elsewhere each year after you leave the company:
- If that is the case, we will transfer your pension. No action is required on your part. You will receive a letter from our fund as soon as we have transferred your pension. Your new pension fund or insurer will inform you of how much pension you have gained under the pension scheme of that fund or insurer.
- If you are not accruing pension through a new job, your pension will remain with us and a year later we will check again whether your situation has changed.
We will do this for five years. After this period, our fund will send you a letter to make arrangements to pay out the pension to you in one go.