Orphan’s pension in the flexible contribution scheme

There are new rules for pensions. Your pension will change too. We will change your orphan’s pension to a flexible contribution scheme. We expect this to happen on 1 January 2027. Find out what the new rules will mean for your orphan’s pension.

Much will remain the same

You will still receive your orphan’s pension every month.
The amount will stay the same for a full year.

Here's what will change

You will receive the new orphan’s pension until age 25 as standard

At the moment, you receive it until age 21. Are you following an educational programme of at least 18 hours a week when you reach age 25? Then you will receive the orphan’s pension until age 27 at the latest.

The orphan’s pension will move more in line with the economy

This means that we will be able to increase your pension quicker when the economy is doing well. However, if the economy isn’t doing so well, we will also be able to reduce your pension.

At the end of each year, we will determine the amount of your pension for the following year. The amount will then stay the same for a full year.

We will taking steps to minimise the risk of reductions

We will invest with less risk when you receive your pension.
We will spread the investment results over several years. This way, good years will cover bad years.
With these steps, you will not notice setbacks in your pension straight away.

If the economy performs badly for a long time? Then your pension benefit may become lower.