Multi-Option Pension

As a LUMC staff member you accrue pension with the ABP Pension Fund. This is called the ABP Multi-Option Pension (Keuzepensioen). This pension can start at any desired moment between your 60th birthday and 5 years after you have reached the pensionable age. The longer you continue working the higher your pension will be. The Multi-Option Pension is additional to your Old-Age Pension (AOW) and other pensions you may have accrued elsewhere.

How much pension do you get?

The level of your pension depends on your wages and how much pension you have accrued in the years you worked. The level also depends on the moment your stop working. The longer you continue to work the higher the pension will be. The level of your pension may also vary.

How to raise your pension?

You may increase your Multi-Option Pension by adding your Surviving Dependants Pension. Each LUMC staff member accrues a Surviving Dependants Pension with ABP. Should you wish you may swap this pension immediately prior to reaching the retirement age for a higher Multi-Option Pension. It concerns the Surviving Dependants Pension you have accrued after 1 July 1999. If you are single this swapping is done automatically for you by ABP. If you have a partner you may decide together whether to make use of this option or not.

Expenses

The premium for your Multi-Option Pension is deducted from your salary. Your pension premium is stated on your salary slip. 

More information