From June it will no longer be possible to transfer your accrued pension with the HPF to or from that pension provider in the event of a switch to another pension fund or pension insurer. A condition for value transfer is that the financial situation of both the HPF and the other pension provider is sufficient.
Rumors circulated in the media that several pension funds would not pay a survivor’s pension if members of the coronavirus die. We would like to emphasize that this is not the case with the HPF. If a (former) participant dies from the consequences of the corona virus, we will pay the survivor’s pension as usual. Even if the deceased participant has been in a risk area.
Wijzer in geldzaken (Money Wise) has a number of online tools that you can use to find out more about the level of your pension. One of these tools is the pension checklist. After answering a number of short questions, you will receive a number of tips for your pension. Click here for the checklist on the Wijzer in geldzaken website.
If you live abroad as a pensioner, we will request an annual “proof of life” from you. This is also known as an Attestate de Vita (AdV). This proof of life is necessary for the payment of your pension. This request will take place around October this year. We cannot yet estimate whether the corona crisis is affecting the acquisition of life certificates. You may not be able to arrange the proof of life around October due to the corona crisis. The HPF will in due course, based on the corona situation at that moment, assess how to deal with the situation and inform you about this.
The HPF administering body is responding to the government’s call. Our employees therefore work from home as much as possible.
In the blog we would like to inform you about the consequences of the developments on the stock exchanges for the financial situation of the pension fund and also about the accessibility of the pension fund in these days.
In consequence of the CAO (Collective Bargaining Agreement) consultation, as of 1 January 2020 a change will be made to the pension schemes with regard to one-off indexation compensation payments that were pensionable and the accrual of pension by partially occupationally disabled persons.
As of 1 January 2020, the Tax Authority introduced changes to the tax brackets system that could have consequences for your net pension.
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