Do you work at ING, are you receiving pension or are you incapacitated for work? Or did you work for ING in the past and did you build up pension there? In June, important personal pension information has become online available.

What could happen to your pension if the economy performs well, or poorly, over a long period of time? From this year, your Uniform Pension Overview (UPO) will include a forecast of your pension benefits under different economic circumstances. This new information is a response to new regulatory requirements for pension administrators such as ING CDC Pensioenfonds. Late last year, the Dutch government's pension website mijnpensioenoverzicht.nl started presenting pension forecasts as well.

How is the pension fund doing financially and what is the impact on our services? ING CDC Pensioenfonds understands that its participants are concerned about the impact the coronavirus crisis may have on their pension. This newsletter for May gives you an update on the pension fund's situation.

ING CDC Pensioenfonds’ funding ratios as at 30 April 2020 are known. The funding ratio is 93% and the policy funding ratio is 102%. Read the news update on the impact the coronavirus is having on the world economy and the pension fund's funding ratios.

On 9 March 2020, Ilse van der Weiden was appointed to the managing board of ING CDC Pensioenfonds. As a board member, she represents the FNV trade union. Ilse’s areas of focus are pension, communications and governance. She is also a member of the fund’s complaints and disputes committee.

ING CDC Pensioenfonds’ funding ratios as at 31 March 2020 are known. The funding ratio is 91% and the policy funding ratio is 103%.

We are facing difficult times. ING CDC Pensioenfonds understands that its participants are concerned about the impact the coronavirus may have on their pension. How will the crisis affect the funding ratio? And what measures is the pension fund taking to continue providing its daily services?

On 28 January 2020, Karin Berns was appointed as a member of the managing board of ING CDC Pensioenfonds. Karin’s areas of focus will be pension, communications and governance. She will also be a member of the complaints and disputes committee.

The coronavirus is affecting the world economy. And this, in turn, is having an impact on ING CDC Pensioenfonds’ funding ratio. We understand that participants are concerned about the impact the coronavirus may have on their pension. We are monitoring the latest developments closely and will keep you informed in the weeks ahead, for instance by means of news items.

The spring edition of ING CDC Pensioenfonds’ digital newsletter ‘Special’ has been published. The Special reports e.g. on how you can set aside additional savings for your pension, the outcome of the customer satisfaction survey and pension for your partner and children if you pass away.