With great sadness, we learned of the passing away of Jans de Groot, board member of ING CDC Pensioenfonds.

The autumn edition of ING CDC Pensioenfonds’ digital newsletter ‘Special’ has been published. The Special reports e.g. on the pension accrual cutback in 2020, quarterly results and tax situation changes when you retire.

Interest rates have declined substantially in 2019. As a result, ING CDC Pensioenfonds will cut back the pension accrual by 25.35% in 2020. Low interest rates are making pension accrual a lot more expensive.

The financial results of the third quarter of 2019 are available. The total return on investment was +7.7%. Compared to the second quarter, the funding ratio decreased from 108% to 102%. The policy funding ratio decreased from 114% to 110%.

ING CDC Pensioenfonds’ funding ratios as at 30 September 2019 are known. The funding ratio is 102% and the policy funding ratio is 110%.

On 8 October 2019, all current and former employees and pensioners will receive an email with an invitation to share their views on ING CDC Pensioenfonds.

Your pension is more than just income for later in life. It also provides your partner and children with surviving dependants’ pension in the event of your passing away. At the 3-day event ‘Pensioen3daagse’ on 5, 6 and 7 November, ING’s pension funds will be organising activities for you. Sign up now for one of the workshops.

ING CDC Pensioenfonds’ funding ratios as at 31 August 2019 are known. The funding ratio is 100% and the policy funding ratio is 111%.

(original publication in Special July 2019) Market interest rates have been low for years, and over the past quarters they have declined even further. This means the risk that ING CDC Pensioenfonds will need to lower or cancel indexation and/or cut back future pension accrual has grown. This article explains why.

Did you recently join ING? That means you not only got yourself an exciting job with an interesting employer, but also that you’ve started building up a pension in ING CDC Pensioenfonds. We’d like to give you the ins and outs of your pension during a lunch event, "The future of you" on 8 October. Don't wait too long to sign up, as places are limited.