On 7 December 2020, Willem Steenhoven was appointed to the managing board of ING CDC Pensioenfonds. As a board member, he represents the employer. Willem’s areas of focus are asset & liability management and finance & risk.

By the end of January 2021, you will receive a payment specification from ING CDC Pensioenfonds, showing a breakdown of the monthly payments the pension fund will pay out to you. If you were already receiving pension benefits in 2020, you will also receive an annual summary which you can use for your tax return.

ING CDC Pensioenfonds’ funding ratios as at 31 December 2020 are known. The funding ratio is 104% and the policy funding ratio is 98%. Read the news update on the impact the coronavirus is having on the world economy and the pension fund's funding ratios. You can also check the quarterly results of the fund.

ING CDC Pensioenfonds’ funding ratios as at 30 November 2020 are known. The funding ratio is 103% and the policy funding ratio is 98%. Read the news update on the impact the coronavirus is having on the world economy and the pension fund's funding ratios. You can also check the quarterly results of the fund.

Increasing funding ratio versus decreasing policy funding ratio. Second corona wave slows down further rise in shares in Q3.

ING CDC Pensioenfonds’ funding ratios as at 31 October 2020 are known. The funding ratio is 99% and the policy funding ratio is 98%. Read the news update on the impact the coronavirus is having on the world economy and the pension fund's funding ratios. You can also check the quarterly results of the fund.

ING CDC Pensioenfonds tries to increase the pensions of ING’s current and former employees and pensioners on an annual basis, in order to stay in line with the consumer price index. The pension fund takes its policy funding ratio on 30 September as the reference point.

In this edition, you will find some sample calculations to help you estimate how the reduction of pension accrual in 2021 will affect you.

As a result of persistently low interest rates, the pension accrual rate will have to be lowered in 2021, just like it was in 2020. This means that next year, employees of ING will not accrue pension at 1.784% but at 1.196%, which means a cutback of 33%. This reduction will only apply to 2021.

When the coronavirus emerged and started to spread in February, financial markets all over the world plummeted and interest rates dropped to levels that were even lower than they already were. Since then, markets have regained much of their lost ground. How has this affected the pension fund's investments and, consequently, your pension? Read more in this article.