Leaving the company
If you move to another job or you stop working, what happens to your pension?
Your employer will cancel your participation
Your salary will cease and you will no longer pay any pension contributions to J&J Pension Fund OFP. You will receive a pension overview from us. After that, you will find this overview (Uniform Pension Overview or ‘UPO’) every year on My pension, in ‘Mijn Archief’. Once every 5 years, we will send you an overview of your pension by post.
What else can you arrange?
- Are you changing employer and moving to another pension fund or pension insurer? Then you can move your ‘old’ pension to your new pension plan. This is called transfer of accrued pension benefits.
- Do you have a small pension? (a pension less than € 592,51 each year (2024). Then the pension fund is allowed to commute this amount to your new pension administrator.