Division of pension payments between spouses
Fund members and spouses can agree to share pension payments so that each party gives the other a certain percentage of their payments, up to 50%. The division then extends to pension payments, regardless of whether the retirement rights were acquired during cohabitation or not. If the other partner is going to a nursing home, this route could be a good option. It is important to examine the effect of such a division on payments from TR.
You can apply for the division of pension payments between spouses at any time, even after pension payments have begun. The parties can also unilaterally cancel an agreement on payment sharing by notifying the respective pension funds.
Upon the death of one cohabiting partner, the division is canceled and the surviving partner receives their pension payments in full.
Main points regarding division of pension payments between spouses
- Applies to all pension payments
- You can apply at any time, but it will only be implemented when the fund member retires
- Both parties divide the same percentage of their rights
- You can choose a division ratio of up to 50%
- Upon death, the agreement is cancelled and the surviving spouse will receive 100% of their pension payments again
- You have to apply for the division of pension payments at each pension fund separately