The pension planner is designed for participants of the ABN AMRO Pension Fund, who have not yet retired. You have access to the Pension Planner as  long as you are entitled to a pension from the ABN AMRO Pension Fund of which the payment has not commenced. With the Pension Planner you can:

  • Gain insight into your gross and net income from your retirement date (old-age pension from ABN AMRO Pension Fund and AOW state pension). For a complete picture of your retirement income, you can also enter pension benefits in the planner that you have accrued elsewhere (from other retirement plans, annuities or from a savings scheme).
  • Gain insight into your gross and net income at earlier or later retirement by entering your desired retirement age.
  • Gain insight into the income for your dependents (spouse and orphan's pension) if you die.
  • Make choices regarding your pension.

’My pension’

  • You can find the pension planner on your secure personal page on our website: ’My pension’. You can log in to ’My pension’ via the button on the website. In ’My pension’ you can see your pension data or arrange your pension affairs where and when it suits you.

Access to ’My pension’ and the Pension Planner

  • Go to ‘My Pension’.
  • Log in with your DigiD with extra control by text message or app.

    The extra control is mandatory. This makes logging in safer.

What to do when you do not have a DigiD?

You can apply for a DigiD at www.digid.nl/aanvragen. To do so you need a ‘burgerservicenummer’ (citizen service number) and a valid Dutch identity. After applying, you need to pick up your code to activate your DigiD yourself. You can do this at some specific places in the Netherlands and some Dutch embassies abroad. You can find a list of all these places at www.digid.nl/over-digid/digid-via-balieuitgifte.

What to do when you cannot apply for a DigiD?

Unfortunately, you will not be able to log in to ‘My Pension’. Please contact the Pension Desk on pensioendesk@abnamropensioenfonds.nl.

In a CDC scheme (Collective Defined Contribution scheme), a fixed premium is paid. The fixed premium aims to accrue pension in accordance with a career average plan. If the intended pension accrual cannot be paid from the agreed premium in any year, pension accrual is decreased in that year. This means you accrue lower pension entitlements during that year.
 
Furthermore, the employer will not make supplementary deposits if the pension fund is in a situation of underfunding. In a CDC scheme, the risk is transferred from the employer to the employees and pensioners (lower or fewer indexations, if any, and in the worst-case scenario reduction of the pensions or pension accrual).

The pension planner provides more information relating to the amount pension accrued by the ABN AMRO Pension Fund. As a current employee, you also receive an annual Uniform Pension Statement (UPO). Former employees receive a Uniform Pension Statement once every five years.

Pension commutation is permitted exclusively if the pension rights do not exceed the commutation limit. In 2018, the commutation limit is EUR 474,11 (gross annual amount). If your pension rights are lower than the commutation limit, you can submit a commutation request to pensioendesk@abnamropensioenfonds.nl.

If your pension rights exceed the commutation limit, commutation is, unfortunately, not possible.

If you participate in a new pension scheme through your new employer, you can request a value transfer. After receiving a request we will inform your new pension administrator of your pension entitlements. A request for value transfer must be submitted to your current pension administrator. Your current pension administrator will send you a quotation. This serves as a basis for deciding if proceeding with the value transfer in your case is interesting or not. Please be aware of the differences between countries regarding pension laws. Value transfers usually take a long time or cannot be arranged at all because of differences in pension laws.

With ABN AMRO Pension Fund, you accrue pension based on a collective defined contribution (CDC) scheme. The objective of this CDC Scheme is to accrue a specified pension sum with a
defined pension contribution from the Employer. If in any year this defined contribution is insufficient, you will also accrue less pension in that year. The Employer is never obliged to pay more than the defined pension contribution. Nor is the Employer obliged to make an additional contribution if the Pension Fund has a Reserve or Funding Shortfall. This may compel the Pension Fund to reduce Pension Entitlements or Pension Rights. 

The salary that counts towards your pension accrual consists of:

  • the fixed salary;
  • part of benefit budget (17.33% of your salary);
  • the pensionable salary components (see collective labour agreement).

You do not accrue pension rights on the other salary components. Your state old-age pension accrual (AOW-pension) is taken into account, which is why a part of your salary does not accrue pension. This part is called the threshold for pension accrual (franchise) and is annually adjusted.

If you are going to cohabitate without getting married, you are required to register your partner with ABN AMRO Pension Fund. You can only do this if you have a cohabitation contract with your partner.

Step 1: Please contact the Pension Desk on pensioendesk@abnamropensioenfonds.nl and ask for the form ‘Partner Registration’.

Step 2: Please fill in the form and submit it to the pension fund, with a copy of your cohabitation contract attached and copies of your valid identity and one of your partner.

If your new address is within the Netherlands, you do not need to notify ABN AMRO Pension Fund. We are automatically notified of any relocation by BRP (Municipal Database). If you move to a another country, please forward us your new address in writing (by mail or email). 

The form ‘Notification of divorce in connection with equalization of old-age pension’  must be submitted to the pension fund within two years of your divorce. Please contact the Pension Desk on pensioendesk@abnamropensioenfonds.nl for more information.

If your cohabitation contract is terminated, you must deregister your partner with the pension fund. This can be completed using the form Termination of Cohabitation. 

Your partner will receive a partner's pension for life from the first day of the month after your death. The pension planner provides more information relating to the amount of the partner’s pension accrued. The pension planner can only be accessed by logging on to ‘My Pension’.
Children will receive an orphan's pension up to age 21. The orphan’s pension per child amounts to 20% of the partner's pension. If both parents die, the orphan's pension is doubled.

 

As an employee, you receive a pension statement annually. As a former employee, you receive a pension statement once every five years. You may, however, consult your accrued pension rights at any time using the pension planner. The pension planner can only be accessed by logging on to ‘My Pension’.

Access to ’My pension’ and the Pension Planner

  • Go to ‘My Pension’ (orange button on the right side of this page).
  • Log in with your DigiD with extra control by text message or app.

    The extra control is mandatory. This makes logging in safer.

What to do when you do not have a DigiD?

You can apply for a DigiD at www.digid.nl/aanvragen. To do so you need a ‘burgerservicenummer’ (citizen service number) and a valid Dutch identity. After applying, you need to pick up your code to activate your DigiD yourself. You can do this at some specific places in the Netherlands and some Dutch embassies abroad. You can find a list of all these places at www.digid.nl/over-digid/digid-via-balieuitgifte.

What to do when you cannot apply for a DigiD?

Unfortunately, you will not be able to log in to ‘My Pension’. Please contact the Pension Desk on pensioendesk@abnamropensioenfonds.nl.

Step 1
Notify us of your retirement date, whether you want early or deferred retirement.

After processing your request, we will send you a confirmation in writing stating the new date your pension payment will commence. Subsequently, we will send you a letter containing information on your pension. This will include detailed instructions on the steps you need to take to receive your pension payment.


Step 2:
Make your Pension choices
The ABN AMRO Pension Scheme offers a range of options. We must have received your choice at least one month and one day prior to your retirement date.

You may:

  • choose early retirement
  • choose deferred retirement
  • choose part-time retirement
  • adjust the partner's pension
  • choose temporary increase or decrease of your pension

In order to gain insight into the effect of your choices on your gross/net income, please make use of the ABN AMRO pension planner. The pension planner can only be accessed by logging on to ‘My Pension’. Please contact the Pension Desk on pensioendesk@abnamropensioenfonds.nl if you cannot log on to ‘My Pension’.

Do you need help?
If you would like us to walk you through the pension planner by telephone, please feel free to contact us.

Step 3
Send us your pension choices by the form you received from the pensioendesk. Or use the pension planner and confirm your choices.


Step 4
You will receive a confirmation of your pension choices, either by letter or in your mailbox in 'My Pension'. After the retirement date, your pension will come into payment around the 25th of each month.