My age is between 45-58 years
Have you thought about what you’ll do when you retire or reduce your working hours?
You’ll have more freedom and more time to travel or be with your partner,
children or grandchildren. Your retirement should be a time to enjoy life, so it makes sense to take a closer look at your pension and enquire about the choices you’ll have when you retire. Make sure you stay up to date on pension developments, to avoid unpleasant surprises later in life.
Do you know how to ensure you’ll have enough income when you retire, so you can make your dreams for the future come true? Are you aware of the consequences of reducing your working hours before your retirement date? No worries: this page provides lots of information that's relevant to your pension, so you’ll be able to enjoy your retirement.
You’ll find more information on your pension below. If you have any questions regarding your specific situation, feel free to contact us, so we can help you.
Terminology regarding pensions can be quite complicated. If you’re looking for the meaning of a specific term, please check the glossary.
What does pension mean for me?
- 68 yearsRetirement target age
- Fixedcontribution
- Collectivepension
What type of pension do we provide?
NN CDC Pensioenfonds is the administrator of NN IP's pension plan. As such, we’ll provide you with an old age pension which will be paid out to you alongside your Dutch state pension (AOW). We’ll also provide your partner and children with a pension in the event that you pass away. And should you become incapacitated for work, your pension will continue to accrue (partly or fully, depending on the degree of your incapacitation). More information on these specific types of pension is available under the tab ‘What will I receive?’.
Retirement age: now and later
The pension fund's standard retirement age is currently 68, but that doesn’t necessarily mean you’ll be retiring at that age. By law, the standard retirement age will rise if life expectancy in the Netherlands rises. So by the time you retire, the standard retirement age might have gone up. It goes without saying that you can always choose to retire early, from your 60th birthday, but that means your pension benefits will be lower.
Former pension plans
You may have accrued a (minor) pension in Pensioenfonds ING. Pension accrual in this former pension plan was discontinued with effect from 31 December 2013. Pension accrued until that date is being retained in Pensioenfonds ING and is eligible for indexation. For more information, please contact Pensioenfonds ING. Pension accrual in the pension plan of Delta Lloyd stopped per 31 December 2019. More information is available here.
The story of:
Evelyn (45), administrative assistant
“Did you know we generally live longer? On average, we now live twenty years into our retirement. That means your money will need to go a long way if you want to stay financially independent.”