Higher first, and then lower
You might prefer to have a higher income during your first years of retirement than thereafter, for instance if you have children who are still studying, or because you have not paid off your mortgage entirely. The high/low variant might be a good solution for you in that case.
You will then receive a temporarily higher pension than your ‘default’ pension as from your retirement date. After elapse of the agreed period, your pension will then, of course, be lower than your ‘default’ pension. The modification to high/low does not affect the level of partner’s pension.
Lower first, and then higher
The converse is also possible: first temporarily a lower and later a higher pension. This solution might appeal, for example, if your partner plans to continue working for a number of years, which means it is sufficient to receive a somewhat lower pension during that time.
Again, this modification does not affect the level of partner’s pension.
Ratio between high and low
The ratio between the higher and lower pension you can opt for is tied to certain limits. These are stated in the tables appended to the Regulations.
If you opt for variable pension, you are required to notify the Pension Fund of your choice no later than two months before your retirement. You should use the form 'Final pension choices' that you can find on this website.
you wish to make one or more pension choices