About Pensioenfonds Architectenbureaus

Pensioenfonds Architectenbureaus is the pension fund for employees working at a practice of architects ('architectenbureau') in the Netherlands.

All of our beneficiaries have the assurance of income security for old age retirement, in the event of death or occupational disability.

As employee of a practice of architects ('architectenbureau') in the Netherlands, you automatically participate in our pension scheme.

This entitles you to a future monthly pension ('ouderdomspensioen') from Pensioenfonds Architectenbureaus, regardless of where you will then reside. From the moment of retirement you will receive this pension the rest of your life.

Further to that, in case of your death, the scheme provides an income to your partner ('partnerpensioen') and children less than 18 years old ('wezenpensioen').

State pensions and benefits
Our pension scheme is additional to the basic state pension ('AOW') for people who have reached their AOW pension age. If you live or work in the Netherlands, you will almost certainly be insured under the AOW scheme. AOW pension is paid by the SVB.

The voluntary Anw shortfall insurance ('Anw-hiaatverzekering') is additional to benefits paid under the National Survivor Benefits Act (Anw). The latter provides government support for people whose partner has died and for orphaned children. These benefits are paid by the SVB as well.

Like most other schemes, employer and employee share the costs of your pension. These contributions ('pensioenpremies') are not liable to tax. Your personal contribution is taken from your gross salary.

As pension schemes are additional to the basic state pension AOW, part of your salary is not included in the build up of pension. The scheme is based on the pension base salary ('pensioengrondslag'), which is the annual salary minus the AOW deductible ('franchise').

In 2018 the AOW deductible for our pension scheme is set at € 13,767. Calculated from the pension base salary that remains after deduction, your pension build up is 1.738% and your part of the pension contributions is 10.35%. Your employer contributes an additional 12.65%. The scheme has a maximum salary above which no pension is built up nor pension contribution collected. For 2018 this maximum salary is set at € 74,876.

Pension statements
Contributing members receive a yearly statement ('Uniform Pensioenoverzicht' or 'UPO') of their pension build up. Persons who leave our scheme get this statement every five years.

Address changes
We are automatically notified by your municipality of address changes in the Netherlands. When moving abroad you're responsible for keeping us updated with your latest details.
Pensions are receiving a lot of attention in the media. The pension system is under discussion and there is anxiety about the financial health of pension funds. What do you know about your own pension fund? Is it financially healthy?

Recovery plan
Pensioenfonds Architectenbureaus, the pension fund for architectural firms, pursues a policy which is intended to prevent any need for downward adjustments to pension entitlements.

Ambition
Pensioenfonds Architectenbureaus wants the pension scheme's participants to be satisfied when they retire and during their retirement. By faultlessly administering the pension scheme, at acceptable contribution rates and costs, and by only taking explainable risks, the pension fund aims to provide the highest possible certainty about the nominal pensions and to continue to index them.

The coming years
Over the coming years the pension fund will be unable to arrange for pensions to increase in line with price rises, which up to now have been modest. The impact on purchasing power need not be too high, also because the government will adjust the state pension.

Further information
It is not possible to say anything more with certainty at present. However, for further and more up-to-date information please see our website (Dutch).

E-mail
Pensioenfonds Architectenbureaus sends a monthly digital newsletter on recent developments. The pension fund aims increasingly to communicate digitally. Please ensure that we have your correct e-mail address. The quickest way is to enter it at Persoonlijke gegevens. Your e-mail address will be added to your details at MijnArchitectenpensioen.

With this information Pensioenfonds Architectenbureaus hopes to remove some of the anxiety and to provide you with ways of obtaining more up-to-date information. Please get in touch if you have any questions.
Most Dutch workers build up pension with a few employers for a relatively long time. When they change jobs they have the opportunity to transfer their pension build up. If you continue your career outside our country you have the same possibility, as long as your new pension scheme qualifies. You can buy-out your pension if you have built up only a small pension. These are your options.

Automatic pension buy-out
Small pensions can be bought out ('afkoop') two years after you left our pension scheme. Is your total yearly pension build up at that moment less than € 467,89 (2017), then you can contact the pension fund to start this process.

Pension transfer
If you change jobs but continue to work for a practice of architects, you will probably continue to participate in our pension scheme. If your career brings you to another industry in the Netherlands, you will switch to theirs. In that case you principally have the opportunity to transfer your pension ('waardeoverdracht'). To start this process, contact your new pension fund.

Since a couple of years you can transfer your pension build up to a qualifying pension scheme abroad. The DNB provides information about this process on their website. Some Dutch pension funds are in a situation of financial recovery and therefore not allowed to process requests for pension transfer. Check with your new pension fund and us what the actual situation is.

When you start to think of your retirement, it is good to know that our pension scheme has a lot of flexibility. The choices are the same for participating members of our pension fund and people who have left the scheme years ago. Amongst others, you can set your own retirement date, between 60 and 70 years. This will logically affect the level of your pension.

Please contact us well in advance about your retirement plans. You have the right to your pension, wherever you choose to reside. If you live abroad during retirement, we require a regular statement that you're still alive from a local authority.