We divide the total fund assets

Currently, the pension fund manages fund assets. These assets will be distributed at the start of the new scheme to everyone with a pension entitlement or right with the pension fund. Social partners will make agreements on how to distribute the fund assets. The board of Pensioenfonds W+B will assess whether the agreements are balanced. ‘Balanced’ means that the agreements do not give certain groups a big advantage or disadvantage compared to other groups.

We will convert the pension you have accrued or are entitled to by 31 December 2025 into a capital. This is the capital you basically start with in the new scheme. Is there any money left over after allocating this value? Then we divide the remaining money according to the agreements made. On 1 January 2026, we will know how the financial situation at that time and the total amount of maney that can be distributed.

Compensation

One the agreements is that anyone expected to be adversely affected by the switch will receive compensation if it is possible. The exact arrangements for compensation have yet to be made.