News

20 April 2021

News

Positive returns lead to an increase in the current funding ratio

13 April 2021

News

Research: what are we doing well, what can be improved?

Philips Pensioenfonds is interested in your opinion about our services. What are we doing well, what can be improved? To gain insights, we asked a large number of our members to participate in a survey. This research is carried out by independent research agency MWM2. We want to use the results of this research to improve our communication and services. Did you receive an email invitation to participate in the survey? Then we would appreciate it if you would like to complete the survey by 9 May at the latest.
24 March 2021

News

Your pension cannot be increased by indexation in 2021

The corona crisis initially hit the financial markets hard in 2020. As the year went on Philips Pensioenfonds saw its buffers recover – though unfortunately not enough for us to increase our pensions by indexation. Because of the current interest rates and the latest developments on the financial markets, however, we expect that we will be able to grant you (partial) indexation on your pensions during the years ahead. Nevertheless, as the corona crisis continues it remains uncertain whether that will in fact be possible.

27 January 2021

News

Elections Accountability Body: candidates wanted

If you are an employee, and would like to become more involved in Philips Pensioenfonds, then perhaps you would like to join the Accountability Body!

27 January 2021

News

Quarterly report 4th quarter 2020 is published

The quarterly report for the fourth quarter of 2020 has been published. You can download the report via our website. In the fourth quarter of 2020, the current funding rate increased from 109.3% at the end of September to 117.2% at the end of December. This sharp increase of 7.9% point in the last quarter was mainly due to good returns on the equity portfolio and the processing of new life expectancy figures.

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.