Value transfer no longer possible

17 June 2020 | News

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.

This is only possible if the policy funding ratio of both pension providers is 100% or higher. In May, the policy funding ratio of the HPF dropped to 99.4%. You can currently still request a value transfer to another pension provider, but we can only process it when the policy funding ratio of both the HPF and the other pension provider is 100% or higher again.

If your pension is less than € 497.27 per year (amount 2020), a pension provider may automatically transfer your pension. Also with the current state of the policy funding ratio. The HPF will still do these value transfers.

Read more about the funding ratios of the HPF

Related posts

Your pension will be increased with 3.13%

5 December 2024

Your pension will be increased with 3.13% per January 1, 2025. This percentage is the maximum increase that we can give.

State pension age remains 67 years in 2025

19 November 2024

The state pension age will not change in 2025. It will remain 67 years, just like in 2024. The state pension age for 2030 was announced at the beginning of November. This has been set at 67 years and 3 months, which is the same as 2028 and 2029.

Looking back at the Three Days of Pensions 2024

18 November 2024

We look back on three days of great conversations and informative webinars in which we took a total of 341 live viewers through the transition to the new pension scheme. We have noticed that pensions are not an issue for everyone, but when we talk to colleagues, questions do arise.