KBC Insurance will keep you informed about your group insurance in a number of ways. As a member of the scheme, you can find lots of information about your supplementary pension at mypension.be (including your pension statement, the general conditions and special conditions). More information can also be found on this page.

You can also find more information about your pension scheme in KBC Brussels Mobile. To see the current situation regarding your accrued pension, simply open the app, go to ‘Investments’, tap the arrow next to your name and then ‘Savings and investment products purchased through my insurance agent’. If you don’t have access to KBC Brussels Mobile, install it on your phone.

Furthermore, we provide personal insights with information on your individual contract. The overviews concerned provide additional information on life cover and death cover, as well as any guaranteed income cover and premium waiver cover.

The most obvious change is that your former employer will no longer pay any contributions to the scheme. Not only that, but any supplementary cover you have, such as death cover or work disability cover, will also be affected.

There are a number of statutory arrangements for the further management of your group insurance. You will receive a letter with more information about this from your former employer after you leave the company. This letter also explains your rights.

Yes, you can transfer the reserves accumulated under your group insurance policy to your new employer’s pension scheme. Complete and sign this form before sending it to KBC Insurance, Professor Roger Van Overstraetenplein 2, 3000 Leuven, Belgium.

Be sure to ask your new employer about the conditions governing your new group insurance policy before transferring your accumulated reserves.

We may only pay supplementary pension benefits when you take statutory retirement or on the earliest date you can have your retirement pension paid out, known as the ‘retirement date’. Both dates can be found at mypension.be.

Payment on your statutory retirement date
You don’t have to do anything when you start to receive your state retirement pension, as the authorities will inform us about it. Once we receive this information, we will prepare your benefits to ensure that you receive your pension reserve in the first month of your retirement (provided notification of your retirement reaches us on time).

Important: be sure to submit an application on time for your pension through MyPension (at least three months in advance), since it takes a while before we receive notice from the authorities. We will then contact you about the practical details, gross amounts and so on. Also make sure to register your KBC account number at mypension.be.

Payment on the retirement date
In certain cases, your group insurance benefits will be paid out prior to your retirement, provided you meet the following conditions:

1. You have reached the earliest possible statutory retirement age and are a former employee
2. You specifically ask us to pay the benefits or you request payment via MyPension
3. Your contract stipulates that payment may be made on the retirement date
4. You meet the following transitional measure based on your year of birth (not applicable for Pension Agreements for the Self-Employed)
   • If you were born in 1961, you can claim your benefits before the end of 2027
   • If you were born in 1960, you can claim your benefits before the end of 2026

No, you don’t have to do anything. KBC Brussels will be notified by the government once your retirement application has been approved. We will send you a letter no earlier than three months prior to your statutory retirement explaining exactly how your pension benefits will be paid out.

Group insurance benefits are no longer paid out when the contract ends, but instead on the date of your statutory retirement. If your contract ends before you retire, it will be automatically renewed.

You should send an e-mail to pensioenen.pijler2@verz.kbc.be to arrange this. When you live abroad, we will not be automatically notified by the government of your retirement.

There are a number of situations where you’re entitled to tax relief and end up paying 10% personal income tax instead of 16.5%, 18% or 20%. This is subject to the following conditions:
 

• You will receive your benefits when you reach the statutory retirement age of 66 or the age at which you complete a full career of 45 years
• You worked for three consecutive years prior to this period
  

Read more about the conditions

That is up to you – you can choose to receive your pension benefits in monthly payments (annuity), provided:

• Your supplementary pension is accrued through a group insurance scheme, an individual pension scheme for salaried employees or a voluntary supplementary pension scheme for the self-employed
• Your annuity is at least 804.22 euros (index: 6 May 2025)

Important: if you opt for an annuity, this choice will be final and irrevocable.

Learn more

In the event of your death, the benefits will be paid out to the beneficiaries in the order stipulated in your pension plan regulations:

1. Your spouse or legally cohabiting partner¹
2. Your children
3. A person designated by you in your contract²
4. Your estate (except if your inheritance goes to the government)
   
5. The financing fund³

¹ Not applicable if you are divorced or in divorce proceedings.

² Send an e-mail to leven.ondernemingen@verz.kbc.be and state the person’s details on this form. If you require more information, please call 016 24 25 00 or contact your KBC Brussels Insurance agent.

³ Not applicable for individual pension schemes.