Forms of Pension BenefitsYou’ve built up pension capital with StiPP. When you retire, this capital will be used to purchase a pension benefit. This benefit ensures you receive a monthly pension payment for life. During retirement, your pension capital continues to be invested. StiPP always invests with low risk, which means your monthly payments vary only slightly.
There are other forms of investment risk. For example, you can choose a monthly benefit that remains the same throughout retirement. This is called a fixed pension, with no investment risk, though the payout will be somewhat lower. Alternatively, you can opt for a pension that fluctuates with the economy. In this case, you might receive a higher payout one year and a lower one the next. This is known as a variable pension, which carries higher risk.
If you choose either the high-risk or no-risk option, you’ll switch to a different pension provider. You’ll need to request a quote from them—and we’ll help you with that.
Requesting a QuoteAbout six months before you turn 67, you’ll receive a letter from StiPP. This letter shows the pension capital you’ve built up so far and provides an estimate of your lifelong monthly pension benefit with StiPP. You can also find this information on
Mijn StiPP Pensioen. You’ll need these details to request quotes. It’s smart to start early so you have enough time to make the switch.
Important: You can change providers up to one month before your desired pension start date.
Compare OptionsBefore comparing quotes, take time to reflect on your personal situation and income needs.
Do you have enough financial buffer to handle a pension that varies year to year?
Or do you prefer stability and want to know exactly what you’ll receive each month for life?
There are also legal rules: pension capital can never be paid out as a lump sum, and we are required to provide lifelong monthly payments.
What Determines Your Pension Amount?Your pension benefit is influenced by four key factors:
- Interest rates
- Investment risk
- Life expectancy
- Costs
Differences in payout amounts can be significant. This is due to investment risk, but also because each provider uses different interest rates and cost structures.
Discover Your Fixed or Variable Pension AmountFind out in 3 steps how much pension you’ll receive based on different investment risk levels.
Make sure you have your StiPP letter (with your pension capital) ready.
1. Calculate Your Pension BenefitEnter your details—pension capital, date of birth, and any partner pension preferences—and click ‘Calculate Now’. Our calculator will begin the calculation.
2. View Your Potential Pension AmountYou’ll see a graph and table showing possible future monthly pension amounts. At the top of the screen, you’ll find buttons to select your investment risk level and guarantee amount. Once you’ve chosen and found a suitable benefit, click ‘More Information’.
3. Request a QuoteEnter your contact details and click ‘Request Quote’. Within two working days, Apple Tree will email you quotes from various pension providers.
