When it comes to pensions, the first thing you think about is later. But at Mars Pensioenfonds there is more than an income for later. The pension plan also takes your family situation into account. Your partner will receive a partner's pension if you die and your children will receive an orphan's pension. 

How is it arranged exactly? That depends on when you joined the company.

Did you enter service before 2004?

Then in the event of your death your partner will receive a partner's pension of 70% of your retirement pension. Do you die before your retirement date? Then it is assumed for the partner's pension that you would have remained employed by Mars until your 67th birthday. Do you leave the company before your retirement date and do you die before your retirement date? Then your partner will receive 70% of the pension that you have accrued up to your death. Your partner will receive the partner's pension until he or she dies.

On your retirement date you (and your partner, if any) will decide whether a partner's pension is still needed for your partner.

Did you enter service in or after 2004?

Then your partner's pension is insured on a risk basis. This means that you are insured for this as long as you work for Mars and participate in the pension plan. If you are still employed when you die, then the partner's pension is 1.16% per year (1.33% until 2015) of the pension base (your pensionable salary minus the franchise of € 20,165). For the calculation, we assume that you would have remained employed by Mars until your 67th birthday.

Are you leaving Mars and dying? Then your partner will receive a payment from the pension capital that you have built up during the period that you worked for Mars. Your partner will receive less partner's pension than when you were still employed by Mars.

On your retirement date, you (and your partner, if any) will determine whether a partner's pension for your partner is still needed.