Your pension will not be increased with a supplement

Unfortunately, our financial situation is not good enough to increase pensions as of January 1, 2021.

Each year the Board considers if it is financially feasible to increase the value of pensions with a supplement. If the policy funding ratio is more than 110% we are permitted to add a partial supplement to the pension value (indexation). Full indexation will be possible in the event of a policy funding ratio of approximately 122%. At the moment of decision-making the policy funding ratio was 96.5%.

As of January 1, 2020 our ambition is for your pension to grow with price increases rather than with the increase in wages. View our website for more information: Increasing the value of pensions.

Here you find more information about the pension fund’s financial situation.