Incoming Value Transfer

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What is incoming value transfer?

If you have accrued pension with a previous employer, you can transfer this to LifeSight. We call this incoming value transfer.

If you choose this option, the value of this previously accrued pension will be added to your pension capital at LifeSight. The transferred value is invested in the same way as the premium that your current employer pays for your pension with LifeSight. 

On your participant portal – – you can see the effect of an incoming value transfer on your pension at LifeSight under the section “What if/…you make a value transfer”. Compare the amount you receive net per month from LifeSight before and after value transfer.

You can choose which pensions you transfer. Only in the case of a small pension is it legally stipulated that the organization from which you receive your pension may determine this itself. A small pension is a pension that is lower than € 594.89 (2023).   

If you have accrued pension with several employers, you can choose to transfer some pensions and not others. You can also transfer your pension from an old – so not just your previous – employer.

Why incoming value transfer? 


  • You can decide for yourself how your pension is invested.
  • You can make choices about the start date of your pension.
  • You can convert the partner’s pension into more retirement pension.
  • You have your pension in one place, which gives you a better overview. And you will only receive messages from one organization.
  • By investing, your pension can increase, even more than the development of prices or wages.


  • The risk you take with your pension may increase. This is the case if you had a (more) certain pension with your previous employer. With LifeSight, your pension is invested until the retirement date and you take investment risks.
  • Your pension can be lower by investing.  
  • The amount of the pension you will receive with LifeSight from the retirement date is not yet certain. The pension is only purchased on the retirement date. The amount of your pension depends on the value of your investments, the interest rate and the rate that the insurer uses.

When is incoming value transfer suitable?

There are pros and cons to incoming value transfer. Whether it suits you depends on what you find important. First do the research as explained above in the section “Who is incoming value transfer intended for?”.

Below you can see in which situations incoming value transfer is or is not suitable for you. 

Which alternatives are there?

An alternative is that you leave the previous pension with the organization that already arranges this pension.

How do you arrange incoming value transfer?

On your participant portal – – you can request an incoming value transfer in the “My changes” section.

Here you can fill in a form with information about your previous pension. Once we have received this form, we will request the value of this pension from the organization that arranges this pension.

Based on their statement, we will provide you with an offer in which you can see in an overview what processing the incoming value transfer means for you. Only after your approval we will process the incoming value transfer in our administration.

You can also complete an application for several previous pensions.

If we do not receive a request for this from you, we will not initiate an incoming value transfer ourselves. Your previous pension will then remain with the organization where it was accrued.

Need advice?

We are pleased to assist you with your retirement choices. Those choices can have major financial implications. Our guidance is only about your pension plan with LifeSight. Whether a choice is right for you naturally depends on your entire personal situation. Now and in the future. Have you thought about asking an advisor? They can give you an overview of all your financial affairs. And help you make the most appropriate choices.