You have entrusted the pensions of your employees to Zwitserleven. If your scheme is expiring soon, we hope you will choose us again in 2027. On this page, you can read more about upcoming changes to your pension scheme. You will also stay informed about the timeline for extensions and what you can expect from us in that process.
Future of Pensions Act and Your Pension Scheme
The Future of Pensions Act (Wtp) requires adjustments to your pension scheme. By January 1, 2028 at the latest, all pension schemes must comply with the new law. Naturally, our pension proposals comply with the Wtp.
Start the conversation in time
It is essential to contact your advisor well in advance so they can guide you through various decisions regarding your new pension scheme. You need to initiate the employment terms process on time to reach new agreements on pensions. Your advisor can provide insight into the consequences, the aspects of the pension scheme that will change, and the choices available to you, such as:
- What type of pension scheme fits your organization and situation?
- Do you want the same pension scheme for both your existing and new employees? Or do you wish to make use of transitional rules (grandfathering or so-called "eerbiedigende werking")? Below, we explain what "eerbiedigende werking" entails.
- What will your pension scheme costs be for the next five to ten years?
Grandfathering or "Eerbiedigende werking"
In many cases, you can opt for "eerbiedigende werking." This is only possible if, as of June 30, 2023, your pension scheme included an age-dependent increasing premium.
If you choose this option, employees already in service at the time of the transition to the new scheme may retain their age-dependent increasing premium. For new employees hired after the transition, a uniform (flat-rate) premium will always apply.
If "eerbiedigende werking" is chosen, we kindly request the following documentation no later than one month before the transition date:
- Signed execution agreement;
- Documents required for Know Your Customer checks:
- Certified extract from the UBO register, not older than 6 months;
- Chamber of Commerce extract, not older than 6 months;
- Corporate organizational chart or company structure diagram.
You can gather all necessary documents in preparation for your meeting with the advisor or send them directly to your advisor. The advisor can then upload them to MijnZwitserleven.
No "eerbiedigende werking"
If you do not choose or cannot choose "eerbiedigende werking," a flat-rate premium will apply to both existing and new participants. In such cases, Zwitserleven must provide transition communication in a timely manner. To ensure this is properly organized, we require the above documents and the transition plan at least three months before the transition date.
Important: If we do not receive the required data on time, we will be unable to provide transition communication in time or implement the Wtp-compliant pension scheme as of the desired start date.
For contracts with an end date other than December 31, 2026, the deadlines of one month and three months also apply.
Transition plan
In some situations, it is mandatory to create a transition plan when moving to a Wtp-compliant scheme. You prepare this plan together with your advisor, and it must be submitted to us. The transition plan will also be available on your employees’ portal, providing them with a clear overview of the changes.
For more information about the transition period, please visit our website.
Products
Here you will find the latest product information about our pension products. You can choose from:
- Zwitserleven Nu Pensioen
- Zwitserleven Exclusief Pensioen
Why Zwitserleven?
Zwitserleven aims to give its customers the Zwitserleven feeling. This means we want to offer everyone the opportunity to shape their financial future in their own way—both now and later—in a simple and accessible manner. We work hard to achieve this every day and have been doing so for 125 years.
- Responsible: Growing old in a better world through responsible investing.
- Freedom: Giving everyone the chance to shape their financial future.
- Clarity: Simple products and clear communication.
Planning for the coming period
Below you will find an overview of when you will receive more information, what you can expect from us, and what we expect from you and the employer(s).
Please note: these timelines apply to the choice of a Wtp scheme without grandfathering. If grandfathering is chosen, mandatory transition communication before the contract's start date is not required. In that case, more time is available, and the employer has until December to sign the final agreement.
| June – August | September | October – November | November - January |
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Employee Communication
Would you like more information for your employees? On our website, we offer plenty of information for participants.
NieuwZ: the Zwitserleven newsletter
We regularly send newsletters to inform you about the Future of Pensions Act and renewals. Are you not yet receiving the newsletter? Please contact your client manager or Service Team, and they will arrange this for you immediately.
Wtp Toolkit
As an employer, you can also make use of the Wtp Toolkit. This toolkit helps you prepare for discussions with your advisor. On the toolkit page, you'll find a clear explanatory video and three practical documents to get started right away:
- The Wtp as an opportunity: avoid risks
- Facts and myths for employers
- The planning and timeline for a Wtp transition
Do you live abroad?
We are only permitted to renew your agreement if your company is permanently established in the Netherlands and meets certain conditions. Read more
Meer informatie voor adviseurs
Bent u adviseur? We hebben alles voor u op een rij gezet.
