You are accruing pension benefits through BeFrank, or have done so in the past. These pension assets are currently invested. When you retire, the investments will be sold, allowing you to purchase your pension. Your pension will be paid by a pension insurer. You can determine yourself to which pension insurer you transfer your accrued pension capital. About four weeks before your retirement date, you will receive a letter from BeFrank explaining the procedure related to your pension commencement and an estimate of the amount of the pension capital available on your retirement date.
You can use this data to request a proposal from us. These proposals are valid for a relatively short period of time. Approximately one month prior to your retirement date, you will receive a letter from BeFrank confirming the amount of your pension capital. You will then have a month to determine from which insurer you would like to purchase your pension.
COMPARE THE OPTIONS AVAILABLE
You would do well to start looking for a suitable pension insurer when your accrued pension capital is released. It is important that you first determine your personal financial situation and income requirements before exploring providers. You are also required to comply with the statutory provisions. For example, under Dutch law pension payments must be distributed until the beneficiary’s death and cannot be awarded as a lump sum. Moreover, discrepancies in the amount of the benefit may be substantial because insurers apply different interest rates and charge different fees. The amount of your pension benefit is determined based on the following three factors:
Interest rates
Insurance-related factors (e.g. mortality rate; this determines how long an insurer expects your life-long benefits to be paid out)
Fees and charges
CALCULATION
This website allows you to quickly and easily calculate the highest benefit for your soon-to-be-released pension capital. Once you have entered your details, the proposals of the various insurers are compared. You can request the proposal of your choice online, after which it will be sent to you.
Before you start, make sure you have the details of your pension capital (which you received from BeFrank) to hand. You will be asked to provide this information as you follow the instructions on the website.
This website operates independently from BeFrank. Apple Tree enables you through this site to select the most suitable (favourable) offer in the market. BeFrank is not responsible for the proposals or for the implementation of the pension benefit of the pension insurer you select, nor for any advice you may receive from Apple Tree.
CALCULATING YOUR PENSION BENEFIT IN 3 EASY STEPS
STEP 1: CALCULATING YOUR PENSION BENEFIT
Start by entering the fundamentals of the calculation: the available pension capital, your date of birth and any choice of a partner’s pension..
STEP 2: COMPARING PENSION BENEFITS
You can use this site to immediately compare the services offered by the insurer who award the highest pension benefits. We will compare the various providers in the market, listing their payments in descending order. We will make the broadest possible market comparison. Unfortunately, there are several insurers that do not wish to participate in online comparisons, so you will receive a comparison of the insurers most active in this market and with whom Apple Tree has partnered.
STEP 3: REQUESTING A PENSION PROPOSAL
The comparison will tell you which insurer will pay you the highest benefit. You can request the pension proposal you want online immediately.
Start your calculation now and discover which insurer has the best offer for you.
