Social partners choose flexible contribution plan

Management and the Works Council have opted for a flexible contribution scheme. Social partners have decided that the “old” pensions will be converted to capital for retirement in the new scheme.

The new plan is scheduled to start on Jan. 1, 2027. At that time, the pensions of all members who have accrued through Jan. 1, 2027, will be converted to the new pension plan.

All arrangements for the new pension plan are set

All agreements made by management and the works council are in the transition plan. A summary of this plan (and the complete transition plan) can be found at downloads (at the bottom of the page).

Implementation plan

The intention of the pension fund board is to send the implementation plan to the Dutch Central Bank by July 1, 2025. That plan sets out how we will implement the new scheme. And how we will convert the 'old' pensions into a capital for pension in the new scheme. The Nederlandsche Bank will test whether the new scheme complies with laws and regulations.

The scheme will apply to all

The new scheme will apply to everyone, young and old. Still working and already retired.