The preferred option seems to be a flexible premium scheme

The management and the works council have opted in principle for a flexible contribution scheme. The new scheme is scheduled to start on 1 January 2026. It is also planned to transfer the pensions accrued by everyone up to 1 January 2026 to the new pension scheme.

Management and the works council are scheduled to make the final decision on the new pension scheme in mid-October 2024. At that time, it will also be decided whether the ‘old’ pensions will be converted to a capital for pension in the new scheme.

Implementation plan

Before 1 January 2025, the pension fund board will send the implementation plan to the central bank of the Netherlands. 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 central bank of the Netherlands assesses 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.