As a result of persistently low interest rates, the pension accrual rate will have to be lowered in 2022, just like it was in 2021 and 2020. This means that next year your pension will not accrue at 1.784% but at 1.254%, which means a cutback of 29.7%. This reduction will only apply to 2022.

On 15 November 2021, Jorg Sauren was appointed to the managing board of ING CDC Pensioenfonds and NN CDC Pensioenfonds, as a representative of the employer. Alongside his position as board member, Jorg is also Key Officer Risk Management.

The financial results of the third quarter of 2021 are available. The total return on investment was +0.1%. Compared to the second quarter of 2021, the funding ratio increased from 109% to 110%. The policy funding ratio increased from 103% to 106%.

The Dutch pension system is one of the best in the world. And yet, it needs to be updated because society has changed enormously. We also want people’s pensions to be better able to withstand shocks when there’s a downturn in the economy. And we want people to better understand what they have in their personal pension pot. Employers, employees, experts and the government are working together to achieve that. We aim to keep the good elements and to resolve the bottlenecks.

ING CDC Pensioenfonds’ funding ratios as at 31 October 2021 are known. The funding ratio is 108% and the policy funding ratio is 107%. Read also the quarterly results of the fund here.

The Dutch state pension (AOW) retirement age will not go up in 2027, the Ministry of Social Affairs and Employment has announced.

In anticipation of the enactment of the new Pension Act on 1 January 2023, a motion has been submitted to the Dutch Lower House of Parliament.

Did you build up pension rights in 2019? Or did you set aside additional pension savings in an annuity plan? Read here how it works to file your income tax return for the year 2020 and report your factor A for 2019.

Do you know how much pension you’ll get when you retire? Or when you can retire and what choices you can make? The Dutch national 3-day event ‘Pensioen3daagse’ on 3, 4 and 5 November is all about checking the state of your pension. So, how can you check your pension?

On 19 October, all current and former employees and pensioners received an email with an invitation to share their views on ING CDC Pensioenfonds. The invitation was sent by independent survey bureau Kien Onderzoek on behalf of the fund.