Have you received information that an account has been opened for you at the Substitute Occupational Benefit Institution but do not know what this means?
There are two possibilities:
Has your employment relationship been terminated and are you leaving your pension fund, but you are not immediately starting to work for a new employer?
You can open a vested benefits account with the Substitute Occupational Benefit Institution until you join your new employer’s pension fund. To that end, instruct your current pension fund to transfer vested benefits to the Substitute Occupational Benefit Institution. As soon as your assets have been transferred to us, we will automatically open a vested benefits account. You will then receive written confirmation from us that your account has been opened.
Send the letter Transfer my vested benefits to your previous pension scheme so they can transfer your vested benefits to us and we can open a vested benefit account in your name.
Convenient and free of charge – we call you on the date and at the time requested to clarify the matter you wish to discuss.