News release

New rules for small pensions

21 December 2018

If you change jobs often, you may have many small pension funds with different pension funds. These small pensions are often bought off and then no longer belong to the later pension. The government has therefore changed the rules for small pensions as of 1 January 2019.

What do the new rules mean?

Are you out of service and have you accrued a small pension of between € 2 and € 474.11 gross per year? Then, from 1 January 2019, pension funds are no longer allowed to buy this off. This means that the value of your pension will remain with Stichting Pensioenfonds Staples. It is also possible that your non-contributory pension entitlements are automatically merged with the pension at the pension fund where you will accrue pension. This also applies if you left service on or after 1 January 2018.

This is useful for you if you build up a small pension with several pension funds. This way you keep your pension and it is divided into fewer jars. Do you leave on or after 1 January 2019 and do you have a very small pension of € 2 gross per year or less? From 1 January 2019 these very small pensions will expire.

Do you or do you have a new employer?

It is still possible to transfer your pension yourself to the pension provider of your new employer (value transfer).