When your employer is planning a reorganisation, you may wonder what consequences this may have on your pension payments or entitlements, as well as on the future of the pension fund. We are here to explain.
We regularly receive questions about the consequences of a reorganisation for members of the pension fund. These mainly focus on how a reorganisation would affect pensioners’ pension income or current or former members’ accrued pensions. If your employer is planning a reorganisation, you will retain your right to the pension you have accrued at the fund. This is because the pension fund is a separate legal entity; accrued pensions are separate from your company.
If your company is implementing major changes that may, for example, mean that many active members must terminate their employment, the Board of the pension fund will investigate whether and how this affects the fund's ‘accounting’. Of course, the Board will also enter into talks with the social partners (the employer and trade unions). We will inform all members of the outcome of these talks.
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If you have any questions about this information, please feel free to contact us.