News

11 January 2021

News

Our magazine Generaties has been published

All participants who accrue a pension at Philips Pensioenfonds or receive a pension from us will receive the latest edition of our magazine Generaties. In this edition of Generaties we will explain more about the switch to the new pension provider as of 1 January 2021.

16 December 2020

News

Funding ratio increases as a result of positive equity returns and life expectancy figures

The current funding ratio increased in November from 108.2% (end of October) to 116.2% (end of November), or 8 percentage points. This sharp increase in one month is mainly the result of good returns on the equity portfolio and the processing of new figures on life expectancy.

11 November 2020

News

Premium funding ratio higher due to interest rate hedging

Philips Pensioenfonds publishes the so-called premium funding ratio of the Fund in its annual report. At the end of 2019, this funding ratio was 97%. This percentage is calculated according to the method prescribed by De Nederlandsche Bank. This percentage does not take into account a decision made by the Board of Philips Pensioenfonds to hedge the 'interest rate risk' relating to the premium and pension accrual. When the interest rate hedging is taken into account, the premium funding ratio at the end of 2019 is 101%. In this news article you can read why Philips Pensioenfonds has hedged the interest rate risk and what effect this has on the premium funding ratio.

3 November 2020

Blog

Column Gener@ties for active members

Moving in with your partner, getting married, having children... These are probably not the moments in your life when you are most likely to be thinking about your pension. Nevertheless, it is important to know where you stand with your pension whenever your life enters a new phase. Today marks the start of the Pensioen3daagse, an annual 3-day event that is all about pensions. Around the country, the focus will be on this year’s topic: ‘Everything ready for your retirement? Make sure now!’ While you do not need to pay mind to this call to action every day, or even every month, it certainly becomes relevant at times of major change in your life. Read on to find out more.

3 November 2020

News

Quarterly report 3nd quarter 2020 is published

The quarterly report for the third quarter of 2020 has been published. You can download the report via our website. In the third quarter, the current funding ratio rose from 108.1% at the end of June to 109.3% at the end of September. With this, the funding ratio recovered for the second quarter in a row after the funding ratio fell sharply in the first quarter as a result of the coronavirus outbreak. The main contribution to the further increase in the funding ratio was made by the equity markets. As the global economy recovered after the coronavirus downturn, stock markets showed positive returns in the third quarter.

29 October 2020

News

Accountability for voting policy and engagement policy Q3 2020

Philips Pensioenfonds exerts influence in various ways on companies in which we invest. As a shareholder in many companies, for example, we have the option of voting at shareholder meetings. And if companies in which we invest violate the Global Compact principles, we address them to this.

20 August 2020

News

No elections for Board of Trustees

In the spring edition of our magazine Generaties, Philips Pensioenfonds has made an appeal to participate in the elections for two board members on behalf of the pensioners. Some organizations have also been informed about the possibilities and conditions for submitting an electoral list for the elections. The closing date for registering candidates has now passed.

12 August 2020

News

Accountability for voting policy and engagement policy Q2 2020

Philips Pensioenfonds exerts influence in various ways on companies in which we invest. As a shareholder in many companies, for example, we have the option of voting at shareholder meetings. And if companies in which we invest violate the Global Compact principles, we address them to this.

30 July 2020

Blog

Column Gener@ties 30 July 2020

You have probably already heard the news: the government, employer organisations and unions recently settled on the details of the Pensioenakkoord, or ‘National Pension Agreement’. The idea is that this new national agreement will lead to new legal requirements for Dutch pension plans. We can imagine that you have all kinds of questions. In fact, we have been asked many of those questions already. How does this affect my pension accrual? Will it affect people who are already drawing a pension? What exactly will change? We have listed a number of these questions, together with what answers we can give, based on the little information that we now have. One thing is clear, however: your pension will become less certain. So what does that mean?

26 July 2020

News

Quarterly report 2nd quarter 2020 is published

The quarterly report for the second quarter of 2020 has been published. You can download the report via our website.