Pension in PenSam

You should think about - and possibly contact us – concerning your pension when major life occurrences happen. This could be getting a new job, getting married, divorced or becoming critically ill. In these and other major life occurrences, you can find information about what to do on our website or you can book a meeting over the phone with an advisor here or contact our customer service by phone 78 76 44 29 or e-mail.

Having a pension in PenSam means that not only are you saving up for old age but also ensuring that you are covered before you reach retirement in case of serious illness, death or early retirement because of work incapacity.

Under your collective agreement, your employer has an obligation to pay pension contribution for the work you perform. The pension contribution is paid into an occupational pension plan managed by us in PenSam.

An occupational pension plan is a collective scheme agreed upon between your union and your employer. It consists of coverage in the event of death and disability and of actual savings (old-age pension and/or capital pension), which will be paid to you when you retire.

Your money is goes to your savings that will cover you when you retire and for insurance covering critical illness, early retirement due to work incapacity and death.

• No

If you are employed in a position for which the collective agreement stipulates that the money should be paid into PenSam, you cannot terminate your membership.

• Yes

If your employment situation changes so that you are covered by a different collective agreement, you can transfer your occupational pension plan from PenSam to another pension company.

If you have changed jobs, become unemployed or are on sick leave, your employer may not be contributing to your pension any more. If so, your insurance cover will cease. Contact us if you change jobs or if you think your payments may have stopped due to unemployment or illness.

You must inform us if you retire before the public retirement age. Your payments from us do not start automatically as we do not receive notification from your unemployment insurance fund.

Book a meeting over the phone with an advisor here  or contact our customer service by phone 78 76 44 29 or e-mail.