Value transfer

When you commence employment with Heineken

If you commence employment with Heineken you can take your accrued pension with another pension provider to the Heineken Pension Fund. We call that value transfer.

You will receive a form Verzoek om offerte waardeoverdracht from the Heineken Pension Fund within two months of your commencement of work.If you indicate on this form that you have already accrued pension with one or more previous employer(s), then the Heineken Pension Fund starts the value transfer procedure. The Heineken Pension Fund contacts your previous pension provider(s). You will then receive a list from the Heineken Pension Fund stating what you can insure with us in exchange for transferring your previous pension and asking whether you agree. This process can take quite a while. We advise you to take into account that the whole process can take up to six months on average. As soon as your entitlements are placed with us you will receive a new statement of your pension entitlements, including the transferred entitlements.

If you are unable to find the registration form for value transfers you can download Verzoek om offerte waardeoverdracht or send an email to pensioenfonds@heineken.nl with your particulars such as name, address and policy number. We shall then send you by return of post the form Verzoek om offerte waardeoverdracht. You can return the completed and signed form to us by post.

You can also choose to send the completed and signed form as a PDF file to: pensioenfonds@heineken.nl.

We must point out that value transfer will be temporarily postponed because the policy funding ratio of the Heineken Pension Fund is below the 100% mark. For the rest, you can still apply for a value transfer but your application will only be dealt with when the policy funding ratio is above 100%.

If you leave employment with Heineken

Are you leaving Heineken and are you going to a different pension scheme? The amount of your accrued pension per year determines what happens to your pension.

If your accrued pension is higher than € 503.24 per year, you decide whether you take your pension with you. You must arrange this value transfer with the pension provider of your new employer. Be sure to inform yourself about this in advance. Whether value transfer is a good choice depends, among other things, on the financial situation of your current and your new pension provider. If you decide not to request a value transfer, your pension will remain with the Heineken Pension Fund and will be paid to you in due time. You no longer pay a premium to the Heineken Pension Fund and you will accrue pension in the scheme of your new employer.

We must point out that value transfer will be temporarily postponed because the policy funding ratio of the Heineken Pension Fund is below the 100% mark. For the rest, you can still apply for a value transfer but your application will only be dealt with when the policy funding ratio is above 100%.

Would you like help with making your choice? We would be happy to help you by informing you about the most important points for attention with value transfer.

If your accrued pension is less than € 503.24 per year and higher than € 2 per year, the Heineken Pension Fund will automatically transfer your pension to your new pension provider. The Heineken Pension Fund will therefore annually check at www.mijnpensioenoverzicht.nl if you accrue pension with a new pension provider. If you do not have a new pension provider, your pension will remain with the Heineken Pension Fund.

If you leave the employment before 1 January 2018, this automatic value transfer will take place starting from 2020.

If your accrued pension is lower than € 2 per year, you will not receive that. This is legally determined.