Your pension benefit

You will receive pension from the first day of the month in which you retire. You will receive this benefit for as long as you live.

What should you do?

• Do you live in the Netherlands? Once your pension application has been finalised, you will automatically receive a monthly pension benefit. You do not have to arrange anything yourself for this.
• Do you live abroad? Then other rules apply. In order to receive your pension benefit you will have to submit a 'Life Certificate' (Attestatie de vita).

What else do you need to know?

• We will transfer your pension benefit every month before the 25th of the month. The date your pension appears on your bank account may differ, depending on your bank. National holidays may cause a delay.
• Your holiday allowance is already included in your monthly pension benefit. That means we do not pay a holiday allowance separately.
• When you start receiving pension benefit, we will send you a gross-net specification of all your pension amounts. You will receive this specification in the event of any changes greater than € 0.25.
• We will send you an annual statement every year. You will need this for the Dutch Tax and Customs Administration.
• There is no targeted indexation policy and no ambition to grant annual supplements (also referred to as indexation) on pension rights (pensions in payment for pension beneficiaries) and pension entitlements (deferred entitlements for former participants). Former participants and pension beneficiaries should assume that they will not receive an annual supplement.
  Each year, after consulting the board of directors of J&J Pension Fund OFP, the employer will decide whether a supplement will be granted on the pension entitlements of deferred participants, entitlements to a special partner’s pension of former partners and the pension rights of pension beneficiaries, taking into consideration the financial position of the Dutch section of J&J Pension Fund OFP. 
• After you retire, different tax rates and tax credits will apply. Read more on the website of the Dutch Tax and Customs Administration.

Explanation Gross-Net pension (pdf)

You can find all your occupational and state pension details on mijnpensioenoverzicht.nl (only in Dutch). You will need to log in with your DigiD code to view your details.

You will receive an annual overview of your pension payment for your tax return
You will receive the overview of your pension payment (‘annual statement’) every year before 1 March. You will find this under My pension.

We will send you an email when the annual statement is ready for you. Therefore, provide your email address in My pension. If you have opted for physical mail there, you will receive the annual statement in your letterbox.

Are you going to file a tax return in March, and have you not yet received the annual statement? Then please contact us.

Payment dates