Due to the continuing low interest rate environment, a reduction in pension accrual is necessary - as in 2020 - in 2021. In the coming year, ING employees will not build up 1.875% pension but 1.428%. That is a reduction of 23.8%. The reduction only applies to 2021.
Calculation example A reduction in pension accrual has a direct impact on your pension. We will give you an example so that you can estimate what the reduction means for you. Example is based on Johan (46 years).
