Page ContentYou can opt to transfer any pension that you have accrued elsewhere to PGB.If you have accrued pension via your previous employer (employers), you can transfer this pension to us. We refer to this as value transfer. When is it sensible to transfer your pension? Whether or not it is sensible to transfer your pension depends on your previous pension scheme, as well as your personal situation and wishes. For example, you may want all your pension to be in one place. However, this can sometimes be disadvantageous. When making a decision you should consider the following: 1. What are the differences between your old and your new pension schemes?Every pension scheme is different. It is, therefore, very important that you compare your old and your new pension schemes. You should pay attention to the following points:- When can you retire? - What options do you have when you retire?- What arrangements have been made for your partner if you predecease him/her?- Are you running any investment risks in your previous scheme?- Will your pension be increased every year (i.e. is it index-linked)?What are the coverage ratios of your old and new pension funds? By clicking this link, you can find information about our coverage ratio .The list above is not exhaustive. Whether it would be sensible for you to transfer your pension is not a decision we can make for you, nor are we allowed to advise you in this respect. If you are in doubt, please contact an independent adviser.If you decide to transfer your pension Transferring your pension takes between six to twelve months. Sometimes, it can take even longer. For example, if the coverage ratio of one of your old pension funds is lower than 100%, then value transfer is not permitted. Step 1: You ask us for a proposal You login to www.mijnpgbpensioen.nl using your DigiD, then you click on the button ‘Transfer my pension’. Subsequently, you fill in your details and click ‘Send’.Step 2: We contact your old pension fund or pension insurer We ask your old pension fund or insurer what the value of your accrued pension is. Sometimes it takes a while before we receive an answer. Step 3: You receive a proposal from us Once we receive an answer, we calculate how much pension we would offer you based on the value of your pension with your old pension provider. We then make a proposal. On the basis of this proposal, you decide whether or not to transfer your pension.Step 4: You then inform us of your decisionOnce you have made a decision, you complete and sign the form which forms part of the proposal. If you have a partner, he or she must also sign the form. Subsequently, you return the signed proposal to us.Step 5: We send you a letter when the value transfer has been completedIf you agree to our proposal, we will contact your old pension provider. That pension provider then transfers the value of your pension to us. As soon as we have processed the transfer of your pension, we will send you a letter.