Dutch Legislation

Chapter 4

in force

General provisions regarding the pension provider

Pensions Act (Pensioenwet) (Pensioenwet) · Articles: 93

Section None

General provisions regarding the pension provider

32 Article 32

A pension provider has the task of executing a pension agreement on the basis of an execution agreement or execution regulations.

33 Article 33

A pension provider shall organise its organisation in such a manner that sound management is ensured, whereby in any event:

34 Article 34

If a pension provider outsources activities to a third party, it shall ensure that this third party complies with the rules established by or…

35 Article 35

The pension provider establishes pension regulations in accordance with the pension agreement and the administration agreement or the administration…

36 Article 36

The pension provider registers the years of participation of the participants and provides information thereon to the participants and former…

37 Article 37

The Employee Insurance Agency (Uitvoeringsinstituut werknemersverzekeringen) reports the incapacity for work of a participant to the pension provider.

38 Article 38

The pension provider shall provide the participant annually with:

39 Article 39

To the extent applicable, the pension provider shall provide the participant, upon termination of participation, with:

40 Article 40

The pension provider shall provide the former participant annually with:

41 Article 41

The pension provider shall provide the person who becomes a former partner and acquires an entitlement to a special partner's pension with:

42 Article 42

The pension provider shall provide the former partner with an entitlement to a special partner pension at least once every five years with:

43 Article 43

The pension provider shall provide the person who becomes the pension beneficiary with:

44 Article 44

The pension provider shall provide the pension beneficiary annually with:

44a Article 44a

The pension provider that is prepared to act as the receiving pension provider shall inform the person who wishes to apply the capital arising from a…

45 Article 45

The pension provider shall inform a participant, prior to participation in the voluntary pension scheme, about:

45a Article 45a

A pension fund shall include in its annual report information on the operating costs (uitvoeringskosten) for the reporting year, distinguishing…

46 Article 46

The pension provider shall provide the participant, the former participant, the former partner or the pension beneficiary, upon petition, with:

46a Article 46a

The pension provider shall make available on its website, at least for the participant, former participant, former partner or pension beneficiary:

47 Article 47

The pension provider shall provide participants, former participants and pensioners who establish themselves in another Member State with information…

47a Article 47a

Prior to the conclusion of an agreement regarding a pension benefit, an insurer prepared to act as the receiving pension provider shall, on the basis…

47b Article 47b

By or pursuant to an Order in Council (algemene maatregel van bestuur), rules may be established regarding the provision of information by an insurer…

47c Article 47c

If an insurer advises the person concerned regarding an agreement concerning a pension benefit, the insurer shall explain the considerations…

48 Article 48

The information provided or made available by the pension provider shall be correct, clear and balanced. The information shall be provided or made…

48a Article 48a

The pension provider shall guide the participant, former participant, former partner or pensioner in an adequate manner when making a choice within…

48b Article 48b

A pension provider shall ensure the adequate handling of complaints from participants, former participants, other persons entitled to pension claims…

48c Article 48c

A pension provider shall be affiliated with a body designated by Our Minister for the settlement of disputes between participants, former…

49 Article 49

The pension provider shall provide the information electronically, in writing or via a website, whereby the provision of information via a website is…

50 Article 50

The pension provider may, for the purpose of providing the information in writing as referred to in Articles 38 to 44 inclusive, rely on the last…

51 Article 51

There is a pension register, established and maintained by the pension providers. This pension register has the following objectives:

51a Article 51a

The institution referred to in Article 51, paragraph 6, shall establish a user body composed of users of the pension register. The user body shall…

52 Article 52

In the execution of a flexible contribution agreement with investment freedom in the accumulation phase and a contribution-to-benefit agreement…

52a Article 52a

In the execution of a contribution agreement in the accrual phase, a contribution-benefit agreement insofar as the contribution is invested, or a…

52b Article 52b

The pension provider, as referred to in Article 52a, shall base its investment policy and the allocation rules for investment risk on the risk…

53 Article 53

The pension provider shall pay the benefit arising from a pension right at the request of the pension beneficiary in a Member State of the European…

54 Article 54

A pension provider may, for a participant who becomes a former employee, implement a voluntary continuation of the pension scheme, provided that the…

55 Article 55

In the case of a solidarity premium agreement or a flexible premium agreement, upon termination of the participation, the assets or capital intended…

56 Article 56

If the pension agreement provides for a partner pension, the taking of unpaid leave for a maximum of 18 months by the participant during the…

57 Article 57

If the partner relationship of a participant ends by divorce (echtscheiding), the former partner of the participant shall acquire such an entitlement…

58 Article 58

If an old-age pension right of a pensioner who has not been a former participant is increased by means of a supplement, the old-age pension right of…

59 Article 59

A right of action against a pension provider for the making of a payment does not prescribe during the life of the pension beneficiary.

60 Article 60

If a pension scheme based on a pension agreement provides for the accrual of an old-age pension and a partner pension, the pension scheme shall offer…

61 Article 61

If a pension agreement provides for an old-age pension, the participant or former participant has the right, with effect from the date on which the…

61a Article 61a

If a pension agreement provides for an old-age pension and a partner pension on a risk basis, the former participant shall have the right, after the…

62 Article 62

If the pension agreement offers the participant or former participant the possibility:

63 Article 63

The amount of a pension may vary after its commencement, provided that:

63a Article 63a

Without prejudice to Article 63, the amount of a variable benefit after the commencement date of the pension may vary due to the processing of…

63b Article 63b

In the case of a flexible contribution agreement or a contribution-benefit agreement that provides for the payment of a capital to be applied on the…

63c Article 63c

The supervisory authority may impose an obligation on a pension provider that administers a variable benefit to proceed, within a period to be…

64 Article 64

Alienation or any other act by which the person entitled to the pension accrual or the pensioner grants any right to his pension accruals or pension…

65 Article 65

Commutation is only possible in the situations referred to in or pursuant to Articles 66 to 69 inclusive.

66 Article 66

The pension provider has the right, at the commencement of the old-age pension, to commute a claim to an old-age pension and other claims for the…

67 Article 67

The pension provider has the right towards the survivors to commute a right to a partner's pension or orphan's pension for the benefit of the…

68 Article 68

The pension provider has the right towards the former partner to commute a claim to a special partner pension if the partner pension benefit on an…

69 Article 69

A pension provider is obliged, at the request of the person entitled to a pension, to proceed with the commutation of the part of the pension…

70 Article 70

For the purposes of Articles 70a up to and including 92a, a receiving pension provider shall also be understood to include a professional pension…

70a Article 70a

The pension provider has the right, after termination of participation, to transfer the transfer value of the pension entitlements of a former…

71 Article 71

The pension provider is obliged, following a petition for transfer of value by the former participant, to transfer the transfer value of their…

71a Article 71a

The obligation for the transfer of value referred to in Article 71 shall not apply if, after the transfer of value, the legislation governing…

72 Article 72

The obligation to transfer value referred to in Article 71 shall not apply as long as:

72a Article 72a

By general administrative measure, rules may be established regarding the temporary restriction of the obligation for value transfer referred to in…

73 Article 73

The obligation to transfer value referred to in Article 71 shall not apply with respect to pension entitlements placed with:

74 Article 74

If the circumstances mentioned in Article 72 are no longer applicable, the duties of the transferring pension provider and the receiving pension…

75 Article 75

If, in the situation referred to in Article 71, no obligation for transfer of value exists because:

76 Article 76

The pension provider is obliged, following a petition for transfer of value by the former participant, to transfer the transfer value of their…

77 Article 77

If, in the situation referred to in Article 76, the circumstances mentioned in Article 72 are no longer applicable, the obligation of value transfer…

78 Article 78

If, in the situation referred to in Article 76, no obligation for a transfer of value exists because the participant has not complied with the…

78a Article 78a

The pension provider is authorised to transfer the transfer value of the former participant's pension entitlements following a petition for value…

79 Article 79

The pension provider is obliged, at the request of the participant or former participant, to apply the value of their pension entitlements within the…

80 Article 80

A pension fund is authorised, at the request of the participant, former participant or other person entitled to a claim, to directly transfer the…

81 Article 81

The insurer is obliged, at the request of the participant, former participant or other person entitled to benefits, to transfer the value of their…

81a Article 81a

The premium pension institution is obliged to transfer the value of the pension entitlements of the participant, former participant or other person…

81b Article 81b

The premium pension institution is obliged, at the petition of the participant or former participant within the last fifteen years prior to the…

82 Article 82

In the event of a transfer of pension capital on the pension date for the purpose of purchasing a periodic pension benefit, the transferring pension…

83 Article 83

The pension provider is authorised to effect a collective transfer of value at the request of the employer or, in the case of industry-wide pension…

84 Article 84

The pension provider is obliged to transfer the value to another pension provider upon the liquidation of the first-mentioned pension provider. The…

85 Article 85

The pension provider is obliged, following a petition for a transfer of value by the former participant, to transfer the transfer value of their…

86 Article 86

The pension provider is obliged, following a petition for transfer of value by the former participant, to transfer the transfer value of his pension…

87 Article 87

The pension provider that receives a petition for a transfer of value from a former participant, where the intention is to transfer the value to a…

88 Article 88

The pension provider is authorised, at the request of the former participant, to transfer the value of his pension entitlements to a pension…

89 Article 89

The pension provider is authorised, at the request of the participant, former participant or other person entitled to benefits, to transfer the value…

90 Article 90

The pension provider is authorised, at the request of the employer, to proceed with a collective transfer of value in accordance with Article 83 if…

90a Article 90a

A pension fund or premium pension institution is, with due observance of Article 90, only authorised to proceed with a collective transfer of value…

91 Article 91

If a pension provider receives a petition (application) in the context of a transfer of value to accept a value from a pension institution from…

92 Article 92

If a pension provider receives a petition to accept, in the context of a transfer of values, a value from a foreign institution related to a pension…

92a Article 92a

A pension fund or premium pension institution is authorised to accept a collective transfer of value from a pension institution from another Member…

93 Article 93

Information from the personal records database (basisregistratie personen) and information and extracts from the civil status registers (registers…

94 Article 94

The citizen service number (burgerservicenummer) may be used by the pension provider in the processing of personal data.

95 Article 95

In the case of conditional granting of supplements by an insurer, there must be a consistent whole between the expectations raised, the financing…

96 Article 96

A pension provider shall state in its management report whether, during the past financial year:

97 Article 97

A seconded employee may continue to participate in the pension scheme during the secondment.

98 Article 98

If a participant, former participant or pensioner dies as a result of a cause excluded from the risk and it concerned a partner's pension on an…

98a Article 98a

Dutch social and labour legislation shall not apply to the extent that a pension provider executes a pension scheme to which the rules governing…