Small pension

Perhaps you have built up a small pension with us. A small pension is lower than €592.51 gross per year (2024). We automatically transfer this small pension to your new pension fund. That way, all your pension money remains in one pension pot. Sometimes you can buy off your pension. In that case, you will get your pension as a lump sum, one-off payment.

If you no longer build up any pension

Pension accrual with PME stopped before 1 January 2018

Did your pension build-up stop before 1 January 2018? Then you can buy off your pension if it is less than €592.51 gross per year (2024).

Pension accrual with PME stopped after 1 January 2018

Did your pension build-up stop after 1 January 2018? If your pension is less than €592.51 gross per year, the following applies:

  • We will wait 5 years after you leave the company.
  • During these 5 years, we will try to automatically transfer your pension to your new pension fund (if you have one).
  • Are we unable to transfer your pension in those 5 years? If your pension is less than €592.51 gross per year (2024), you can ask us for an offer to buy it off. 
  • If you want to leave your pension with PME, that is also possible.
  • Or you can take the pension you have built up to your new pension fund or pension insurer. In that case, take a good look at the differences between your old and new pension schemes.

When you retire

You can retire from age 55. When you retire, you can opt to buy off your pension. This is only possible if your pension is less than €592.51 gross per year.

Consequences of buying off your pension

If you choose to buy off your pension, you will get the value of your pension with PME as a single sum of money (gross). This may have consequences:

  • Your income will be higher after you get the lump-sum pension payment. As a result, you may have to pay more taxes or you may get a lower tax allowance. Would you like to know the tax consequences? Then contact the Tax Authorities or your tax consultant.
  • You will no longer get a monthly pension from PME. Your pension decreases. If you have not accrued any pension elsewhere, you no longer get any pension.
  • Perhaps you have a small pension with other pension funds. You can choose to buy these off in whole or in part. In that case, your pension will be lower as well.

If you do not choose to buy off your pension, you will get pension payments from PME every month for the rest of your life. So carefully consider what the consequences will be for you. And whether you will have enough income without the monthly payments from PME. 

Contact us for an offer

Check the amount of your pension in the pension planner. Is your pension lower than €592.51 gross per year (2024) and do you want to buy it off? Then contact us. We will send you an offer to buy off your pension.

You will automatically receive a message from us when you turn 68

Is the pension you have built up less than €592.51 gross per year (2024) when you turn 68? Then we will send you a message. It tells you how much your pension is worth and how you can buy off your pension. The choice is up to you! If you do not want to buy off your pension, your pension will simply be paid out to you every month.