Latest developments concerning your pension fund Read online |
|
|
|
|
|
NexT Pension scheme: some choices revised |
|
|
|
|
As part of our preparations for the switch to the NexT Pension scheme, we recently re-examined some of our earlier decisions. Examples are the compensation system and how the financial buffer will be shared among our members. This is not something that we are doing lightly. Not only are the markets changing, we have also been talking to the Dutch central bank (DNB), as our supervisory authority. Those talks have produced new information, which we are considering carefully.
The re-examination is based on a single central premise: the Board wants the switch to be balanced, with due care for all our members. This means looking not only at the current situation, but also at extreme circumstances such as a very low – or a very high – funding ratio, and at the role of compensation for specific groups.
I believe that it is important for you to know where you stand when we switch to the NexT Pension scheme. To find out what issues played a part in the recent re-examination, visit our website. As further information becomes available, we will share it on our website and across other channels. |
|
|
|
|
Anita Joosten
Managing Director |
|
|
|
| |
|
|
Check your details in MijnPPF |
Your personal details and pension information are listed in MijnPPF. It is important to make sure that they are still up to date. For example, you should check your email address, your partner’s details and your bank account number to make sure that you receive not only our information on time, but also your pension. |
| |
|
|
|
|
- on 1 April 2026, your pension went up by 2.1%.
This increase reflects the rate of price inflation (derived consumer price index) of Statistics Netherlands over the period from January 2025 until the end of January 2026.
- this means full indexation for your pension this year.
Thanks to the more lenient rules that the law currently allows, we were able to grant full indexation on your pension this year. The 2.1% increase is the maximum rate permitted this year.
|
|
|
|
|
|
How is Philips Pensioenfonds doing? |
Pension increases affect the funding ratio |
During the last calendar quarter, the funding ratio fell by approximately 6%-points. The main cause was that the pensions were increased at 1 April 2026, which means higher pension liabilities and a drop in the funding ratio by approximately 3%-points. |
|
|
|
| |
|
|
“You have mentioned an alternative payment schedule for when the payment timing changes on 1 June. What does this involve?" |
— A question that Nidia of our Service Desk is frequently asked — |
|
|
|
|
“The timing of the payments will shift from the first business day of the month to the 23rd of the month. If this will cause financial difficulties for you, get in touch with our Service Desk before 29 May and we will offer you an alternative payment schedule. The arrangement is that you receive an advance on 1 June, without any conditions or requirements. If you apply after 29 May, we can still pay you an advance, only you will receive it a little later. The advance will then be deducted from your pension payments for the months June to November in six equal instalments. This will give you some temporary financial breathing room, with the repayments spread out over time.” |
|
|
|
| |
|
|
Be on the lookout for scammers! |
You will receive your pension on the new payment date without any action being required on your part. The payment is automated, using the information that is registered in our systems. Important to know:
- We will never ask you to click on a link to activate or speed up your pension payment.
- We will never ask you to share confidential information by email (e.g. your PIN code, login codes or identifying information).
- If you have any concerns about whether an email, text message or telephone call actually is from Philips Pensioenfonds, get in touch with our Service Desk.
|
|
|
|
|
|
Share your thoughts: looking out for your partner after you pass away |
|
|
|
|
“I trust Philips Pensioenfonds to help with the application and payment arrangements for my partner’s pension after I am gone.” |
| |
|
|
|
|
Donation for pension beneficiaries |
Philips Pensioenfonds has received a wonderful gift from Stichting Fonds Philips Senioren. That foundation is being wound up, and has decided to donate its remaining assets to the pension fund, to be shared among all the pension beneficiaries. Thanks to this donation of €47,000, every pension beneficiary will have a small bonus added to their personal pension capital on 1 January 2027. |
|
|
|
|
|
What do you think of this newsletter? |
|
|
|
| |
| |
|
|
|
