Exchanging Retirement Pension for extra Partner’s Pension

You can exchange part of your Retirement Pension for Partner’s Pension and Orphan’s Pension should you retire or leave Heineken and, in the event of your death, have no or only a small Partner’s Pension for your partner and Orphan’s Pension for your children. You will then receive a lower Retirement Pension. Your partner and children on the other hand do receive a higher pension from the Heineken Pension Fund when you die.

After this exchange, the Partner’s Pension can amount to no more than 70% of the retirement pension that remains after the exchange.

N.B.: this is a choice you can only make once! Once you have made the choice to affect the exchange you cannot go back on that decision.

Would you like more information and/or wish to know exactly what our pension scheme offers you? See the pension scheme or the brochure ‘Pension Scheme I for participants who commenced employment after 31-12-2005’.