For one person it is something that has been looked forward to for a long time and for another it comes much too soon. Your situation is unique, which is why we are happy to help you. Before you can enjoy your retirement, you have a few things to take care of. This does not happen automatically. You can make various choices to ensure that your pension fits your personal situation as well as possible.
Fortunately, we already have information and helpful tools online to help you make your choices.
What choices do I have?
The Choice Tool on MySPIN gives you insight into the choices you have, and with a few questions you can discover which choices suit you best. There are three variants, depending on the type of pension you accrue or have accrued.
Do you only have a DC capital with SPIN? => Choice Guide for DC
Do you only have a DB pension with SPIN? => Choice Guide for DB
Do you have both a DB pension and a DC capital with SPIN? => Choice Guide for DB and DC
Are you age 55 or older? If so, you will find the Choices Guide that applies to you in the Pension Planner and at Closer look on MySPIN.
Click on a link below to get more information about a particular choice in MySPIN.
- Quitting work earlier
- First a higher and then a lower pension, or vice versa
- Swapping between retirement and partner’s pension
- Part-time pension (only possible if you have a DB pension)
How much pension can I expect?
The Pension Planner helps you understand how certain pension choices will affect the amount of your pension benefits. By default, the Planner shows your AOW and your SPIN pension. It’s also very easy to add your pension from any other employers. To do this, click the “Add pension from other employers” button in the Planner.
Good to know, the Planner works with certain assumptions. What assumptions these are is explained above the Planner. These assumptions mean that there may be discrepancies between the amounts in the Planner, in other places in MySPIN and with the (indicative) pension calculations you receive before you retire.
You can find further information in MySPIN. There you can also see which type(s) of pension you are accruing(Details). In the Pension Planner you can find out what the effects of these choices are, such as bringing your pension forward or first a higher and then a lower pension or vice versa. You can also ask your questions by calling 020 – 347 2722 or at info@spin.nl.
How do I convert my DC capital into retirement benefits?
Do you have a DC capital? Then on your retirement date you convert your capital into a pension benefit with an insurer. You can read more about how to do this and what help you can get with this here, on MySPIN.
If you want to get an immediate idea of approximately how much pension you can buy with your retirement capital, check out Apple Tree’s website.
Apple Tree is an independent advisor among others in the field of expiring capitals. Through this website of Apple Tree you can select the most appropriate offer in the market. Apple Tree operates independently of SPIN.
Colleagues telling
- Wilma Fokker believes you are responsible for your own retirement
- Joop Kaiser talks about retiring early
- Jos Röling and Theo Hendriks give financial planning tips
Grey Blue Circle
Retired IBMers have joined together to form the Grey Blue Circle. You can join after retirement and keep in touch with your former colleagues.
JWSchotte Fund
Are you a member of the Schotte Fund? Then, even after you retire, you can apply for financial assistance from the fund’s coordinator. He can be reached at schottefonds@nl.ibm.com or by phone at +31 (0)20 – 513 3990.
Help with Financial Planning
Are you currently employed by IBM? IBM is preparing this additional support. You’ll hear more from them about this later this year. It’s expected to become available in September.
Have you accrued pension benefits with SPIN in the past and are you not yet retired? If so, you can take advantage of “financial planning assistance” at an attractive rate. SPIN is partnering with independent financial advisors from Montae & Partners for this service. Click here for more information and to sign up.