Pension 123 Layer 2

If you change your job

Take your pension with you, or leave it where it is?

In most cases you can take the pension you have previously accrued with you to your new pension provider, but you can also leave it where it is.

Your choice to effect a value transfer if your pension is more than € 592.51 per year

If your pension is more than € 592.51 gross per year (2024), you can decide whether to have your pension transferred to a new pension provider or leave it with our pension fund. Arrange the transfer online via www.mijnwaardeoverdracht.nl or let your new pension fund know that you want to take your pension with you. 

Use the pension comparison tool to assess whether or not you want to make a value transfer.

Automatic value transfer for pensions of less than € 592.51 per year

Automatic value transfer for pensions of less than € 592.51 per year. If your pension is less than € 592.51 gross per year, your pension will be automatically transferred from the IFF Pension Fund to your new pension provider. You will be notified when your pension has been transferred. If you do not have a new provider, your pension will remain with us. Pension of less than €2,- will lapse.

If you do nothing, your accrued pension will remain with the IFF pension fund

If you do not have your pension transferred to another pension fund, your accrued pension will remain with us.

  • You will receive your pension monthly, starting from your retirement date.
  • The orphan’s pension for your children remains where it is. Children born after you have left IFF are not entitled to orphan’s pension.
  • If your partner is known to us at the time you leave employment, their accrued pension will remain with us. You cannot register a new partner after you have left employment.
  • You can exchange part of your retirement pension for additional partner’s pension. You will then receive a lower retirement pension. But your partner will receive a higher pension from IFF Pension Fund if you die.

Frequently Asked Questions

Arrange the transfer online via www.mijnwaardeoverdracht.nl or let your new pension fund know that you want to take your pension with you.

We send you a Uniform Pension Statement once a year.

We increase your pension in line with the increase in prices (indexation) if the pension fund has a good financial position. The fund’s Board of Trustees decides each year whether indexation is possible, and if so, to what extent this is possible.

Want to know more?