Philips Pensioenfonds annual report published
2025 annual report available |
For Philips Pensioenfonds, 2025 was marked by a strong improvement in its financial position. We also made preparations for the planned transition to the new pension scheme (NexT Pension) as of 1 January 2027.
Despite a negative total return of -1.6% and full indexation of pensions in 2025, our current funding ratio increased. It rose from 122.7% at the end of 2024 to 132.7% at the end of 2025.
The policy funding ratio remained robust and stood at 125.2% at year-end 2025. |
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“An intensive year in a
world full of uncertainties” |
— Frederieke Leene and René ter Huurne of the Board of Trustees — |
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Frederieke Leene and René ter Huurne of the Board of Trustees look back on 2025: for them, the year was dominated by the transition to the new pension scheme on 1 January 2027. While the world beyond the Pension Fund was troubled and unpredictable, the Board stayed focused on decisions, implementation and communication. "Within the Pension Fund we had to just keep going, despite the instability in the world around us.” |
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- Philips Pensioenfonds wants to provide a proper pension at the lowest possible cost?
- in 2025, the pension administration costs were €164 per member (in 2024: €149)?
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part of the reason for this increase is a higher fee paid to the pension administrator and a lower number of participants, resulting in higher costs per member?
- the asset management costs for 2025 remained unchanged from the previous year (0.31% of the average invested assets)?
- despite the higher pension administration costs, Philips Pensioenfonds remain below average compared to pension funds of a similar size?
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you can read more about the Pension Fund’s costs in detail in section 2.8 of the annual report?
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