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Cross-border operation of pension schemes

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Dutch pension providers are permitted to operate foreign pension schemes. By the same token, pension institutions from other EU Member States are permitted to operate Dutch pension schemes.

De Nederlandsche Bank (DNB) provides further information on the cross-border operation of pension schemes in a series of fact sheets and Q&As as set out below. These also include Q&As and fact sheets on international group value transfers and international individual value transfers. Finally, there are two fact sheets on international organisations focusing on the supervision of pension scheme operation.

Cross-border operation of pension schemes

Under European directives pension schemes can be operated across borders. Below you will find more information on the situation in which a Dutch pension fund wishes to operate a foreign scheme. The converse situation, in which a Dutch scheme is operated by a foreign pension institution, is also addressed.

International individual value transfer

In the case of an individual value transfer, the former scheme member requests a transfer of the value of the accrued pension rights, usually to the new employer’s pension provider. This is in order to acquire pension entitlements with the new employer.

International individual value transfers are permitted under certain conditions. Please consult our policy statements for more information. They are:

International organisations

Cross-border operation of pension schemes also involves cross-border supervision of pension providers. The following fact sheets address this subject in more detail.

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