Pension 123 Layer 2

Choices in a row

We have mentioned a couple of options, but there are others. A list of the available options is provided below:

  • Early, deferred or partial retirement. This will affect the amount of your pension. If you retire early, your pension will be paid over a longer period. Your pension will therefore be lower.
  • Use part of your retirement pension for temporary retirement pension. If you retire before reaching your AOW age, you may wish to have a higher pension until your AOW pension comes into payment. This can compensate for the AOW benefit that has not yet come into payment. This will however mean that your retirement pension before and after your AOW age will be lower.
  • Exchanging retirement pension for partner's pension.
  • Exchanging partner’s pension for retirement pension.