Value transfer to SPF

Pension with various employers,

now is the time to check to see whether you still have any options before the transition to the new pension system

Would you like to transfer pension from another pension fund to SPF? Submit your request no later than 30 September 2026. After this date, SPF will no longer accept new value transfer requests until after the transition to the new pension system.

However, please note that we can no longer guarantee that your request for a value transfer can be processed in time. The sooner you submit your request, the greater your chances of success.

A quick reminder

We previously explained that the pension fund your pension is transferred to can make a difference. You can read about this or watch the video again below.

Are you ready to request a value transfer?

Download the form via the link below and put your pension to work!.

Value Transfer Form
Watch the video

 

Good to know

If you submit your application before 1 October 2026, SPF will still process it. However, it may not always be possible to complete the process before 1 January 2027. A value transfer can take several months – sometimes as long as 6 to 7 months. If the transfer cannot be completed in time, it will resume once both pension funds have transitioned to the new pension system.

How does a value transfer work again?

Are you considering transferring your pension benefits to SPF, but aren't quite sure how it works? Below, you'll find a recap of the most important information. You can also watch the video again.

Form 'Value transfer'

Frequently Asked Questions

  I am an employee

1. Why can't I carry out a value transfer after 1 October 2026?

 

SPF will be switching to the new pension scheme on 1 January 2027. To ensure we are fully prepared for this transition, we will temporarily stop accepting new requests for value transfers from 1 October 2026. You will be able to submit a request again once the transition to the new pension scheme has taken place.SPF will be switching to the new pension scheme on 1 January 2027. To ensure we are fully prepared for this transition, we will temporarily stop accepting new requests for value transfers from 1 October 2026. You will be able to submit a request again once the transition to the new pension scheme has taken place.

2. What are the conditions to transfer my pension to SPF?

 

Small pension

If you have a small pension (between €2 and €632.63 gross per year) with your previous employer, you do not have any choice: your pension is automatically transferred to SPF.

Larger pension

If your pension with your previous employer is higher than €632.63 gross per year, you have the option of keeping your pension with your previous employer or to have it transferred to SPF.

3. How do I request a value transfer?

 

You can request Pensioenfonds SPF to initiate a value transfer on your behalf by completing and sending us the Value Transfer form.

4. Where can I find the value transfer form?

 

Below you will find the value transfer from SPF:

'Value transfer form'

For more information please visit the SPF website: 

Pension alternatives> 'Value transfer'

 

5. How long does it take to process a value transfer?

 

The entire process takes up to about 6-7 months.

  1. You initiate the value transfer by sending SPF the Value Transfer form.
  2. After you have submitted it, SPF will send you a confirmation of receipt and you then do not need to do anything for some time. The pension funds will then start working behind the scenes on your behalf.
  3. Within one month, SPF will ask the other fund how much pension you have accrued there and what its value is.
  4. The other fund has two months to provide this information to SPF.
  5. As soon as SPF receives the calculation from your old fund, SPF will calculate how much pension you will receive for this at SPF. (At this point, the calculation does not yet include the transition bonus).
  6. You will receive a message about this and then it is your turn again. You have two months to decide whether you want your pension transfer to proceed. If you wish, you can also engage a recognised pension advisor to discuss whether the value transfer is in your best interest.
  7. As soon as you let us know that you wish the value transfer to proceed, we ask the old pension fund to transfer the pension value to us. They must do this within 10 days.

6. In which situations can I not (yet) effect a value transfer?

 

In some situations it is temporarily not possible to transfer your accrued pension to SPF. For example, when your previous pension fund has already transitioned to the new pension scheme. In that case you cannot transfer it until we have also transitioned to the new pension scheme.

7. By what percentage will SPF increase the starting capital in my pension account?

 

This percentage depends on the actual funding level as at 1 January 2027 (the transition funding level). The approximate increase SPF is able to provide is set out in the table below. Note: This still requires approval from DNB (the Netherlands central bank). Once the definitive 1 January 2027 SPF figures have been determined, we can calculate the final percentages.

Transition funding level

Pension pot increase

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Transition funding level

Pension pot increase

107.5 - 111.5%

0%

126%

14.5%

112%

0.5%

127%

15.5%

113%

1.5%

128%

16.5%

114%

2.5%

129%

17.5%

115%

3.5%

130%

18.5%

116%

4.5%

131%

19.5%

117%

5.5%

132%

20.5%

118%

6.5%

133%

21.5%

119%

7.5%

134%

22.5%

120%

8.5%

135%

23.5%

121%

9.5%

136%

24.5%

122%

10.5%

137%

25.5%

123%

11.5%

138%

26.5%

124%

12.5%

139%

27.5%

125%

13.5%

140%

28.5%

 

8. Where can I find the current SPF funding level?

 

The funding level and the policy funding level are published on our website around the 10th working day of each month under the header Funding level, returns and other financial figures.

9. Why do I need to request a value transfer as soon as possible?

 

This is necessary if you decide to transfer your pension to SPF because of the transition bonus. It can take up to seven months before your request is processed. If you decide to transfer your pension to SPF, you must submit your request on time. That way you can be sure that everything will be processed on time. The chance that things will be arranged on time drops the longer you wait.