Five Life events

• Entering employment

If you start working for a company covered by the Provisum pension scheme (C&A Netherlands, COFRA Amsterdam, Redevco, Anthos Fund & Asset Management, Porticus or another related company), and you are aged 18 years or above, you will automatically start accruing your pension with Provisum. You may have already accrued pension from other workplaces, which you can see this at www.mijnpensioenoverzicht.nl.

Have you accrued pension elsewhere? It may be possible to transfer this to the Provisum pension scheme. If you want any information about this, please contact Provisum on 020 6213 891 or via email at info@provisum.nl. Don’t forget to include your full name and date of birth in the email.

• Incapacity for work

If you become incapable for work, your pension accrual will continue (in part) and any payment of a monthly pension premium deducted from your salary will (in part) stop. Exactly what happens depends on the extent to which your are unable to work and for how long. For further information, please look at the incapacity for work and pension brochure.

• Retirement in The Netherlands

When you retire, you will receive a retirement pension from Provisum. This is in addition to the AOW. The AOW is the pension that you receive from the Dutch government upon reaching AOW pension age. Approximately six months before you reach AOW pension age, you will automatically receive a message from us about your Provisum pension. The retirement pension is paid out monthly (the same as your salary, although the day in the month it is paid may be different) for as long as you live. You can find the amount of your retirement pension on your Uniform Pension Overview (UPO) and at www.mijnpensioenoverzicht.nl. Provisum has to withhold tax on the pension. If you live abroad, it depends on the country whether Provisum withholds tax or your country of residence.

Are you considering early retirement, before reaching the AOW pension age? Please get in touch with us by email: info@provisum.nl. Or call us on 020 - 6213 891.

• Leaving employment

Taking up new employment with a new employer has consequences for your Provisum pension. At the date your employment ends, your pension accrual at Provisum will automatically stop. When you take up employment with a new employer, you will need to decide whether to transfer your accrued pension to your new employer's pension scheme. Please note, this may not always be possible. This depends on (the financial position of) the new employer's pension scheme.

The amount of your accrued pension determines whether your pension is transferred automatically by Provisum or whether you need to take action yourself.

• In the event of your death

In the event of your death, partner’s pension will be paid out to your partner and any children. Some important points to highlight:

• Partner’s pension is paid out if you die and is paid out until your partner dies
• Orphan’s pension is paid out if you die until your child reaches 18 years of age (or until 27 years of age if your child is a student).

Please note: if you start co-habiting or get married after retirement this partner will not be eligible for a partner’s pension after your death. This is the case even if you have been together for many years.

If you have questions which are not covered, please contact Provisum on 020 6213 891 or via email at info@provisum.nl. Don’t forget to include your full name and date of birth in the email.