Anyone opting for a deferred retirement pension becomes a beneficiary of the Fund.

Entitlement to Deferred Retirement Pension (Article II 2.03)

A member with at least five years of service who leaves the Fund before the applicable retirement age for a reason other than death or total disability shall be entitled to a retirement pension deferred to the applicable retirement age at the latest.

The amount is based on the following data:

• The Fund’s Rules applicable at the time you joined
• Reference salary
• Years of membership (including purchases)
• Reduction factor in the event of incomplete contributions

A deferred retirement pension is payable when you reach the applicable retirement age or the age at which you have elected to take an early retirement pension.

Calculation

• If you joined the Fund on or before 31 December 2011:
  • 2% of your final reference salary x years of membership x reduction factor for incomplete contributions (if relevant)
• If you joined the Fund on or after 1 January 2012:
  • 1.85% of the average of your last 36 months’ reference salaries x years of membership x reduction factor for incomplete contributions (if relevant)

To find out more