Since 2022, your pension has been accruing according to plan. That wasn't always the case, though – in 2020 and 2021, your pension accrual rate was reduced. As a result, the amount of pension benefits you’ll get when you retire will be lower. Unfortunately, the pension fund cannot replenish that deficit. Setting aside your own savings is a good alternative.
In December 2022, we informed you that your pension accrual for 2021 and 2020 had been reduced. The reason for the cutback was the low interest rate at the time, as a result of which pension contributions were insufficient to fund your pension accrual at the maximum rate allowed under Dutch tax law. Open this page to see a sample calculation of how this works out in euros.
Setting aside savings for your pension
The fact that your pension accrual was lower for several years will impact the pension benefits you get later in life. Neither the pension fund nor your employer will replenish that deficit, and participants are not allowed to make additional deposits into their pension plan either. However, you do have multiple other options to set aside your own savings for your pension. Read about your options here.
Online participants’ portal and the Pension Planner
The sooner you get a grip on your current and future financial situation, the better you’ll be able to anticipate. If you need help in this process, log in to the online participants’ portal, the Pension Planner or the government's website MijnPensioenoverzicht.nl.
If you have any pension rights in Pensioenfonds ING, have a look in their pension planner.
