The regulations for the defined contribution scheme have been modified

The regulations for the defined contribution scheme have been modified 27-12-2018

The defined contribution scheme has been modified due to the transfer of the capital from the defined contribution scheme to NNIP.

A summary of the most important changes is presented below.

An annual purchase option has been added. That means that Astellas Pension Fund now gives you the option once a year of purchasing your pension capital from the defined contribution scheme in its average earnings scheme.
If you opt to purchase, you can make use of various options.
If you would prefer a variable benefit, you can opt to use the accrued capital to purchase a pension from another authorised pension provider. You must inform the fund of this choice at least three months before the intended commencement date of the pension.
If you do not inform the fund of any change, your pension capital will remain in the defined contribution scheme.

Further information

The changes took effect on 21 September 2018. If you would like to learn more about the changes, read the regulations on the defined contribution scheme on the website.

If you would like to learn more about purchasing capital in the average earnings scheme, please visit www.pensioenfondsastellas.nl/en/purchasing.