Changing jobs

If you start a new job in the metal and tech industry, you continue building up pension with us. Your employer provides us with your new salary details. You do not have to take any action. Did you have insurance for temporary additional partner pension (Anw gap) with PME? Then you will automatically get a new offer. 

If you start a new job outside the metal and tech industry, you will probably build up pension with a different pension fund. The pension you have accrued with us remains yours. You have three options:

• You can leave your accrued pension with us. When you retire, you will receive pension payments from us.
• You can take your pension with you to your new pension fund (value transfer). Please contact your new pension fund or insurer about this.
• Have you accrued a small pension with us? Then your pension will, in principle, be transferred automatically to your new pension fund or insurer. If this is not possible within 5 years, you can buy outthis small pension.

You will receive a message from us and from your new pension fund or insurer. It will tell you exactly what you need to know and do.

Your pension accrual stops if you do not have a new job. You can, however, choose to carry on accruing pension with us. There are 2 possible situations:

• You are receiving unemployment benefit. You can continue to accrue pension with us and pay part of the contribution yourself. 
• You are not receiving unemployment benefit. You can build up pension entirely at your own cost.

Your partner gets a partner pension from us in the event of your death. If your pension accrual with us ends, however, the partner pension automatically becomes lower. This is because part of the partner pension is insured on a risk basis. The risk-based partner pension lapses when your job ends.

We will notify you if your job ends. This letter will list exactly how much pension you have accrued for yourself and for your partner.

If your job ends and your pension accrual with us stops, we swap part of your retirement pension for partner pension. So that your partner will get partner pension if you pass away. This means your retirement pension will be a little lower. You may also opt not to exchange your pension. The choice you make applies until you retire. You cannot change your choice before that.

Making a new choice when you retire

When you apply for your pension, you can reconsider your choice. You can swap back the partner pension for retirement pension. The partner pension will be lower and your retirement pension will be higher. When making your choice, also consider whether your partner will have enough income if you die.

You do not want to swap your retirement pension

You do not want to swap your retirement pension for partner pension? Then tell us.