16 October 2024

Attention: misinformation is being spread about vested benefits

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We have discovered that our customers are not always sufficiently informed about the consequences of transferring their vested benefits. Sometimes they even become victims of fraudulent practices.
 
There are several service providers on the market who search for their customers’ potential second pillar assets. Although they often do not charge any fees for this service, this will result in costs for managing the assets after the transfer. Calls for action are also issued in connection with the transfer of vested benefit assets. Utmost caution is required here. This is because there is no obligation to transfer funds. 

Important: if you think you could still benefit from pension fund assets from a previous job, you do not need an agent to locate the funds. You can – easily and free of charge – ask the Central Office (2nd pillar). See detailed information.

Useful information:
  • If you are currently gainfully employed and are insured in the second pillar (BVG/LPP), you must transfer your vested benefits from previous jobs to your – i.e. your employer’s – pension fund. As a rule, you are also better insured as a result. Your pension fund will be happy to provide you with more detailed information.
  • A transfer to another vested benefits institution may incur costs. These are not in any way related to the Substitute Occupational Benefit Institution.
  • We do not call any customers without first having been in touch with them on specific topics. 
  • In addition, we do not ask anyone to transfer money to an account for no reason. You can find more information on this in the News article
  • The Substitute Occupational Benefit Institution does not charge any fees for the management of your vested benefits.
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