KBC Insurance will keep you informed about your group insurance in a number of ways. As a member of the scheme, you can find lots of information about your supplementary pension at mypension.be (e.g., your pension statement, the general and special conditions, etc.) . KBC Insurance also provides more background to that information on this page.

You can also find more information about your pension scheme in KBC Mobile. To see the current situation regarding your accrued pension, simply open the app, go to ‘Investments’, tap the arrow next to your name and then ‘Savings and investment products purchased through my insurance agent’. If you don’t have access to KBC Mobile, install it on your phone.

In addition, we provide personal insights with information on your individual contract. The overviews concerned provide additional information on life cover and death cover, as well as any guaranteed income cover and premium waiver cover.

The most obvious change is that your former employer will no longer pay any contributions to the scheme. Not only that, but any supplementary cover you have, such as death cover or work disability cover, will also be affected.

There are a number of statutory arrangements for the further management of your group insurance. You will receive a letter with more information about this from your former employer after you leave the company. This letter also explains your rights.

Yes, you can transfer the reserves accumulated under your group insurance policy to your new employer’s pension scheme. Complete and sign this form before sending it to KBC Insurance, Professor Roger Van Overstraetenplein 2, 3000 Leuven, Belgium.

Be sure to ask your new employer about the conditions governing your new group insurance policy before transferring your accumulated reserves.

We pay out your group insurance benefits on the date of your statutory retirement and not when your contract ends.

Exceptions

In certain cases, your group insurance benefits will be paid out prior to your retirement, provided you meet the following conditions:
 

1. You have reached the earliest possible statutory retirement age and are a former employee    
2. You specifically ask us to pay them out
3. It is stipulated in your contract
4. You meet the following transitional measure based on your year of birth 
   (not applicable for Pension Agreements for the Self-employed)
   
   • If you were born in 1961, you can claim your benefits before the end of 2027
   • If you were born in 1960, you can claim your benefits before the end of 2026

No, you don’t have to do anything. KBC will be notified by the government once your retirement application has been approved. We will send you a letter no earlier than three months prior to your statutory retirement explaining exactly how your pension benefits will be paid out.
Group insurance benefits are no longer paid out when the contract ends, but instead on the date of your statutory retirement. If your contract ends before you retire, it will be automatically renewed.

You should send an e-mail to pensioenen.pijler2@verz.kbc.be to arrange this. When you live abroad, we will not be automatically notified by the government of your retirement.

There are a number of situations where you’re entitled to tax relief and end up paying 10% personal income tax instead of 16.5%, 18% or 20%. This is subject to the following conditions:
 

• You will receive your benefits when you reach the statutory retirement age of 66 or the age at which you complete a full career of 45 years
• You worked for three consecutive years prior to this period
  

Read more about the conditions

That is up to you – you can choose to receive your pension benefits in monthly payments (annuity), provided:

• Your supplementary pension is accrued through a group insurance scheme, an individual pension scheme for salaried employees or a voluntary supplementary pension scheme for the self-employed
  
  
• Your annuity is at least 804.22 euros (index: 6 May 2025)

Important: if you opt for an annuity, this choice will be final and irrevocable.

Learn more
 

In the event of your death, the benefits will be paid out to the beneficiaries in the order stipulated in your pension plan regulations:

1. Your spouse or legally cohabiting partner¹
2. Your children
3. A person designated by you in your contract²
4. Your estate (except if your inheritance goes to the government)
   
5. The financing fund³

¹ Not applicable if you are divorced or in divorce proceedings.

² Send an e-mail to leven.ondernemingen@verz.kbc.be and state the person’s details on this form. If you require more information, please call 016 24 25 00 or contact your KBC Insurance agent.

³ Not applicable for individual pension schemes.