If you retire before 1 January 2027, you will not receive premium compensation. This is because you will only get premium compensation if you are still employed on 1 January 2027. Here  you can get an idea of how this will affect you.

Under the new pension scheme, you share in the investment results with your own pension pot. PDN organises its investment policy so that the long-term return is sufficient to keep the pension’s purchasing power as strong as possible, while minimising the risk that pensions will drop.

To find out what else Pensioenfonds PDN is doing to mitigate the risk of lowered pensions, click here.

Premium compensation is an additional amount that Pensioenfonds PDN adds to your pension pot on 1 January 2027. This is aimed at workers who are adversely affected under the new pension scheme because they accrue less pension with the same contribution. At Pensioenfonds PDN, these are employees between the age of 35 and 66. 
These employees will receive premium compensation, but only if they are employed by one of the companies affiliated with PDN  on 1 January 2027.

The transition bonus is an additional amount that will be added to the pension pot of everyone who has a pension with Pensioenfonds PDN on 1 January 2027. If you want to know more about the transition bonus, click here.

No. The transition bonus is allocated by Pensioenfonds PDN to all pensions, regardless of whether they are already in payment or not, provided that Pensioenfonds PDN’s financial situation is strong enough.

•  You will not receive premium compensation.

You will get premium compensation only if you are still employed by an employer affiliated with PDN on 1 January 2027. Here  you can get an idea of how this will affect you.

• However, you will be entitled to the transition bonus.

The transition bonus will be added to the pension pot of everyone who has a pension with PDN on 1 January 2027, regardless of whether the pension is already in payment or you are still working.

If you still have a PPS balance,

then in 2026, you still have the opportunity to make a choice about your PPS balance.

The choices are as follows:

✔ Convert your PPS balance into payments on top of your salary;
✔ Use the PPS balance to retire earlier and subsequently draw down your retirement pension; and
✔ Exchange the PPS balance for a lifelong retirement pension (if you are older than 64 years and 3 months).

If you want to have your PPS balance converted into PPS payments in 2026, be sure to submit your application to PDN before 1 October 2026. You should use the PPS application form for this purpose.

If you retire after 1 January 2027, your pension application will be processed under the new pension rules.

You will then receive the following on 1 January 2027:

• Premium compensation provided you are not older than 66 years of age.
• A transition bonus, provided Pensioenfonds PDN’s financial situation is healthy enough.

Pensioenfonds PDN will add the premium compensation and the transition bonus to everyone's pension pot on 1 January 2027.

No. If you are no longer employed by one of the employers affiliated with Pensioenfonds PDN, you will not receive premium compensation from PDN.

If you work for another employer, that employer may well offer some form of premium compensation – you can ask your current employer's pension provider about this.

We will send you a letter with an options form a few months before you reach that age.

You use this form to communicate your choice. If you do not return the form, your PPS payments will automatically go into effect.

By applying to PDN by 1 October 2026 using the PPS application form.

This is in accordance with laws and regulations, 64+3 months is 3 years before the state pension age (AOW age) and this is the standard PPS age. You are not permitted to retain a PPS balance after age 65, according to the regulations.

When you receive PPS payments in addition to other income, tax rules apply that determine the maximum permitted PPS payments:

(a) when you receive your PPS payments in addition to your salary, then the PPS payments may be 100% of your last-earned salary.

(b) when you receive PPS payments in addition to the old-age (AOW) pension or in addition to the Employer state pension supplement, then the PPS payments may be a maximum of 85% of your last-earned salary.

Benefit payments must be for at least 3 months and a maximum of up until you state pension (AOW) age.

Employers affiliated with PDN are those employers whose employees still pay premiums to PDN. Click here for the list of these employers.

You can see this in our Pension Planner. Log into My PDN Pension and make your PPS choices.

Note the different possible situations.

If you retire, then both the gross and net amounts are accurately calculated for 2026.

If you let the PPS take effect in addition to your salary, then the net calculation produced by the Planner is not correct.

Converting the balance into a benefit became cheaper in 2026.

This is because this is happening at a more favourable rate than up until 2026.

This has to do with the transition to the new pension scheme and the removal of a surcharge that everyone paid for any future increases.

The reason why you would only have a PPS balance with us is because you transferred your regular pension to another pension fund or insurer. You then have the following choices, depending on age:

• If you turn 64 + 3 months or 65 in 2026, your PPS will take effect if you stop working.
  • If you are not yet 64 years + 3 months, you can choose to have your PPS payment start in 2026 in addition to your salary or otherwise.

If you do not opt for this, we will convert your PPS into a pension pot for lifelong retirement pension on 1 January 2027.