How to proceed: report a retirement

Standard retirement

Giving up gainful employment

Women reach standard pension age when they turn 64 and men when they turn 65.

Once you have reached the standard retirement age, you are entitled to retirement benefits as an employee. You can decide to draw a pension or a lump-sum from the capital.

This is how you proceed as an employer

If your employee will be reaching ordinary retirement age soon, then you, as an employer, do not need to do anything. We will contact your employee directly and take care of all the formalities.

This is how you proceed as an employee

You do not need to do anything yourself. We will contact you in writing about two months before your retirement.

Capital or pension?

Before retiring it is important to think about how you would like to withdraw your retirement assets. You usually receive your retirement benefits in the form of a pension, but you can also have the retirement assets paid out as capital or as a combination of capital and pension.

Retirement planning advice

Would you like comprehensive retirement planning advice? Contact your nearest retirement planning advisor or give us a call: 0800 80 80 80.

Pension administration with the Vita Company Portal

Manage your company's employee benefits at any time and from anywhere. No personal login yet?