Fixed or variable pension

Approaching retirement? And have you accumulated pension capital to purchase pension income? At Zwitserleven, you can opt for either a fixed or variable pension. Or a mix of both. But what does it all mean? You can read more about this on this page . Or get in touch with your financial adviser.  You can find an adviser on this page.

Good to know 

Opting for Zwitserleven Variable Pension? Then you won't be eligible for options exclusive to Zwitserleven Fixed Pension. This applies even if part of your pension is fixed. You can't choose to temporarily receive a higher pension. 

Choosing a variable pension at retirement? Then you continue to invest your pension capital. With Zwitserleven Variable Pension, you can do this with a portion of your capital. You decide how much to invest, from 1% up to 100%. With the rest, you purchase a fixed pension. So, you can go for a fully variable pension with Zwitserleven, or a combination of variable and fixed.

The idea behind a variable pension is that you could receive a higher pension thanks to investment returns. Plus, you're not tied to the rates for an immediate fixed pension at retirement.

But investment returns can disappoint. Market rate changes can also cause pension fluctuations. The risk is a lower pension. It offers less certainty than a fully fixed pension.

Good to know

You can only choose between fixed, variable, or a combination at retirement. Your choice is final and can't be changed later.

Need advice? Contact your financial adviser! Don't have one? You can find an adviser here.

Building your pension in a defined contribution scheme or a capital scheme? Then you can opt for Zwitserleven Variable Pension. Even if you've built up with another provider. Or have pots with multiple providers. 

Good to know

Still unsure which pension suits you best? An adviser can help you decide. Find an adviser near you on our website.

Choosing Zwitserleven Fixed Pension? Your pension income is set, and you'll know exactly what you'll receive. However, you still have choices that affect your pension, so make sure to read up.

What options do I have?

• Do you start your pension earlier or later?
• With or without a partner's pension?
• Do you want to temporarily receive a higher pension?

You can quickly submit your pension choices via MijnZwitserleven. Log in easily with your DigiD or username and password.

Built up pension capital with another provider but want a Fixed Pension with Zwitserleven? Check out the 'Calculate Pension' page for more info.

Good to know 

Six months before your retirement date, you'll receive an invitation to make your choices on MyZwitserleven. 

You can explore which options suit you. 

6 to 4 weeks before your retirement date, we'll email you. You can finalize your pension choices! 

Want to adjust a choice? You can still do that. 

Confirm your choices if you're satisfied. If you have a partner, they'll need to sign off too. 

Still shopping around? With your accumulated pension capital, you can inquire with other providers about your potential pension. 

You can't choose the day you receive your pension income. Zwitserleven Fixed Pension is always paid in the last week of the month. 

You'll find more information in the general terms and conditions of Zwitserleven Fixed Pension. 

With a fixed pension, you know exactly what pension income you'll get when you retire. You receive the same amount every month. This amount won't increase.