KBC Insurance will keep you informed in a number of ways.

• You can find more information about your supplementary pension at mypension.be (including your pension statement, the general conditions and special conditions)
• Additional information can also be found on this page
• You can see the pension built up to date in KBC Mobile by logging in to the app, going to ‘Investments’, tapping the arrow next to your name and then ‘Savings and investment products purchased through my insurance agent’

If you don’t have the KBC Mobile app, install it on your phone.

In addition, you get personalised overviews of your contract.
You can find more information in these overviews about:

• Life and death cover
• ‘Guaranteed income’ cover (if applicable)
• Contribution waiver cover (if applicable)

Your former employer will no longer pay any contributions to the scheme. Any supplementary cover you have, such as death cover or work disability cover, will also be affected.

If you resign or are dismissed, you cannot have your supplementary pension paid out at that time. However, you can choose what happens to the pension reserves you have accrued until that time.

The options available to you are laid down by law and can be found in the letter you receive from your former employer. This letter also explains your rights.

Yes, you can.

• Complete this form
• Sign it
• Send it to:
  KBC Insurance
  Professor Roger Van Overstraetenplein 2
  3000 Leuven – Belgium

Before transferring your accumulated reserves, ask your new employer to provide you with details of the conditions applying to their group insurance scheme.

We pay supplementary pension benefits:

• When you take statutory retirement, or
• On the earliest date you can have your retirement pension paid out
  (referred to as the ‘retirement date’)

Payment on your statutory retirement date

You don’t have to do anything, as we will be automatically notified by the authorities. We will ensure that you receive your pension reserve in the first month of your retirement, provided we are notified of your retirement on time.

Important

• Submit an application for your pension through mypension.be at least three months before you take retirement
• It takes a while before we receive notice from the authorities
• Be sure to register your KBC account number at mypension.be

We will then contact you and provide you with more information about the amounts concerned and what to do next.

Payment on the retirement date

In certain situation, we can pay out your group insurance benefits earlier.
However, that can only be done if you meet all the conditions.

1. You have reached the earliest possible retirement age
2. You no longer work
3. You request payment of the benefits yourself or via mypension.be
4. Your contract permits payment to be made on the retirement date
5. You meet the transitional rules based on your year of birth (not applicable for Pension Agreements for the Self-Employed)

Transitional rules

• If you were born in 1961, you have until the end of 2027 to claim your benefits
• If you were born in 1960, you have until the end of 2026 to claim your benefits

No, you don’t.

KBC will be automatically notified when your pension has been approved. We will send you a letter no earlier than three months prior to your retirement explaining how we’ll pay out your pension benefits.

Good to know

• Group insurance benefits are no longer paid out when the contract ends
• Payment is made on your statutory retirement date
• If you haven’t retired yet, we will automatically renew your contract

Send an e-mail to pensioenen.pijler2@verz.kbc.be.

When you live abroad, we will not be automatically notified by the government of your situation.

When your benefits are paid out, we deduct social security contributions and taxes. A brief overview of the rules is available on the website of the financial regulator (FSMA).

The tax rate is between 10% and 20%.

The rate depends on factors such as:

• Your age when the benefits are paid
• The time of payment
• If payment is made in the event of death

More information about the conditions

That’s up to you –

you can choose to receive your pension benefits in monthly payments (annuity).
That can be done if you meet the following conditions:

• Your supplementary pension is accrued through:
  • A group insurance scheme
  • An individual pension scheme for salaried employees
  • A voluntary supplementary pension scheme for the self-employed
• Your annuity exceeds a certain minimum amount

Important

• The decision to opt for an annuity is final
• You cannot change your mind later

Learn more about annuities

In the event of your death, the group insurance benefit will be paid 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 you²
4. Your estate (except if it 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 provide the details in 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 and the Team Protect Plan.