Take your pension with you, or leave it where it is?
In most cases you can take the pension you have previously accrued with you to your new pension administrator, but you can also leave it where it is.
Automatic value transfer for pensions of less than € 592,51 per year (in 2024)
If your pension is less than € 592,51 gross per year, your pension will be automatically transferred from the Mars Pension Fund to your new pension administrator. You will be notified when your pension has been transferred. If you do not have a new pension administrator, your pension will remain with us. Pensions of less than € 2 a year will lapse.
Your choice to effect a value transfer if your pension is more than € 592,51 per year (in 2024)
If your pension is more than € 592,51 gross per year, you can decide whether to have your pension transferred to a new pension administrator or leave it with our pension fund. You should apply to your new pension administrator for a value transfer.
Please note: If you transfer your pension to a different administrator, there will be no partner’s or orphan’s pension payable by the Mars Pension Fund on your death.
If you do nothing, your accrued pension will remain with the Mars Pension Fund
If you do not have your pension transferred to another pension fund, your accrued pension will remain with us. You will receive your pension monthly, starting from your retirement date.
If your partner is known to us at the time you leave employment, their accrued pension will remain with us. You cannot register a new partner after your pension has come into payment.
Frequently asked questions
You should apply for a value transfer to the pension administrator provider to which you want your pension transferred.
We send you a Uniform Pension Statement once a year. You can also sign up for our digital newsletter. You can check this box in My details in MyMarsPension.
We increase (index) your pension in the final pay scheme if the financial situation of the pension fund is good. The board of the fund decides annually whether an increase is possible and, if so, to what extent. The indexation is 75% of the price increase, up to a maximum of 3%.