Social partners make agreements about the new pension
Are you an employer in a compulsory affiliated sector? In that case, the social partners will make agreements about the new pension at Pensioenfonds PGB. They draw up a plan for the entire sector and make choices for the new pension. We expect the basic schemes for all sectors to be known in July 2024.
Choices for the entire sector
Social partners make choices about the new pension. They decide on:
- the level of the premium
- the percentage of the partner’s pension
- any compensation for certain age groups
The type of contribution scheme has already been determined. Everyone will have a solidary contribution scheme. The basic principle is also that all accrued pensions will be transitioned (converted). Only in exceptional cases can the sector choose not to transition the accrued pensions.
Want to know more?
Find out more about the choices social partners make for your sector in the brochure choices for your new pension scheme (Dutch only). It also contains more information about the solidary contribution scheme.
Get started with additional agreements or dispensation
If you have additional agreements for pension or dispensation, you must arrange something for the new pension yourself. What you have to do depends on your personal situation.
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Do you have additional pension agreements at Pensioenfonds PGB?
Then you make new additional agreements with us yourself. This can be done after the new basic scheme is known (probably summer 2024). We will then let you know what you need to do to make your choices for the new additional agreements. You make these choices (together with your employee representation) before 1 December 2024.
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Do you have additional pension agreements at another pension administrator?
In that case, you must make new additional pension agreements with the other pension administrator. You can contact an advisor to see how you can convert your current additional agreements to the new pension rules.
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Do you have dispensation from the basic pension scheme at Pensioenfonds PGB?
We are going to reassess the dispensation. We will do so by 2027 at the latest. If the dispensation still applies, you can make new agreements with your current pension administrator for the pension of your employees. Or you opt to still use the basic pension scheme with us.
Employers with a voluntary scheme: you make your own agreements about the new pension
As an employer with a voluntary scheme at Pensioenfonds PGB, you make your own agreements about the new pension. You make these agreements together with employee representatives such as unions and a works council.
Summary of choices in the new pension
You make a number of choices for the new pension.
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Option 1: solidary contribution scheme or flexible contribution scheme
You can choose between a solidary or a flexible contribution scheme. In the case of a solidary contribution scheme there is a joint pension pot and the risks are shared. In the case of a flexible contribution scheme, the employee has their own pension pot and chooses an investment profile.
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Option 2: the extent of the premium
Determine together what an appropriate premium is for the new pension. The maximum premium is 30%.
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Option 3: the percentage for the partner’s pension
The partner’s pension is the pension the partner receives after the death of an employee. The partner’s pension is currently still linked to the employee’s retirement pension. Under the new pension, the partner will receive a percentage of the last pensionable salary if your employee has not yet retired. You, the employer, choose that percentage.
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Option 4: transition or no transition
Transition is the conversion of accrued pensions into the new pension. By default, all pensions are converted into the new pension. You can only deviate from this if transition will turn out very badly for a group of employees.
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Option 5: compensation for certain age groups
The transition to the new pension may be disadvantageous for some age groups. This is due to the abolition of the cross-sectional system. You can offer this group a compensation scheme.
Want to know more?
Our brochure choices for your new pension scheme (Dutch only) provides detailed information about the choices you can make.
Submit your choices before 1 December 2024 via the Wtp portal
You communicate the choices you make to us in a transition plan on the Wtp portal. We will notify you when you can get started in the Wtp portal. Make sure you submit your transition plan before 1 December 2024.
We will keep you informed
We will notify you when you can get started in the Wtp portal. You will also receive information about how to use the Wtp portal and how to submit the transition plan. You will also receive all current information about the transition via the monthly newsletter about the new pension.