Events in your life

What happens if your employment contract terminates?

If your employment contract terminates, participation in the pension scheme of Astellas Pension Fund is also discontinued. In that case, you will no longer accrue pension with us.

What happens to your pension after that depends on the amount of the accrued pension when you leave the company. This amount is shown on the pension overview that you receive when you leave the company. You can also log in to the secure environment Mijn Pensioencijfers (‘My pension figures') or the national pension website www.mijnpensioenoverzicht.nl for an up-to-date overview of your pension.

1) Your pension is below the commutation limit (€ 520,35 in 2022)

We automatically transfer the retirement pension you have accrued with our pension fund until the date of leaving your job to your new pension fund or insurer. Your accrued pension therefore automatically goes with you to your new job. We check whether you are accruing pension elsewhere each year after you leave the company:

• If that is the case, we will transfer your pension. No action is required on your part. You will receive a letter from our fund as soon as we have transferred your pension. Your new pension fund or insurer will inform you of how much pension you have gained under the pension scheme of that fund or insurer.
• If you are not accruing pension through a new job, your pension will remain with us and a year later we will check again whether your situation has changed.
• We will do this for five years. After this period, our fund will send you a letter to make arrangements to pay out the pension to you in one go.

2) Your pension is above the commutation limit (€ 520,35 in 2022)

What happens if you start working for another employer?

From that moment on, you will accrue pension through the pension scheme offered by your new employer. You can opt to transfer your pension accrued through the Astellas Pension Fund to the scheme of your new employer. This is called a value transfer.
If you choose to transfer your pension to the scheme of your new employer any entitlements accrued through the Astellas Pension Fund lapse.

Pension comparison tool

Pension schemes may differ from eachother. In order to be able to choose the best option for you and your accrued pension rights, you may wish to compare the pension schemes. The Pension comparison tool (Dutch: Pensioenvergelijker) will help you doing this. Download the Pension comparison tool (in Dutch) and complete the questions.