ABN AMRO Pension Fund’s pension scheme provides a pension payment in two situations: a retirement pension upon retirement and a partner's pension and orphan's pension upon death.
In principle, you accrue a pension at an annual rate of 1.875% of your pension basis. Upon retirement, we add up all the annually accrued pension amounts. The amount of pension you will receive from ABN AMRO Pension Fund therefore depends on your pension basis and the number of years you worked in a company that participates in ABN AMRO Pension Fund. Your life-long retirement pension will be paid out from your retirement date onwards.
Upon your death, your partner will receive a life-long partner’s pension from ABN AMRO Pension Fund if your partner is registered with our fund. The amount of the partner's pension is based on your retirement pension and the date of your death (pre-retirement or post-retirement).
Your children can also rely on an allowance if you pass away. This is called the orphan's pension. The orphan’s pension per child amounts to 20% of the partner's pension. If both parents died, the orphan's pension is doubled. The orphan's pension will stop on your child’s 21st birthday.