News

27 January 2022

Blog

Making up missed indexation: how does that work?

Philips Pensioenfonds believes that the pensions that it offers should retain their purchasing power in the long term, so that they still buy as much in the future as they do now. That is our ambition. To realise that ambition, we need to adjust your pension to reflect wage increases (for active members) and increases in prices (for pension beneficiaries and non-contributory policyholders). From 2011 to 2021, however, Philips Pensioenfonds did not fully index its pensions. If you were a member of our pension fund during that time, this means that you missed out on indexation. In 2022, we can make up the difference a little, by granting compensatory indexation. To do this, we must comply with a number of legal rules that apply.

22 July 2021

Blog

Column 'Pension questions: do you know the answer?' - Gener@ties July 2021

This column has been written for participants who have not yet received a pension. “Your pension contributions – does Philips Pensioenfonds earmark them for you personally, or do they go towards the current pension beneficiaries?” “When can you start drawing the pension that you have accrued with Philips Pensioenfonds?” “Does Philips Pensioenfonds offer the possibility of taking out insurance for your surviving dependants?” We presented these questions to a large group of members last April, to find out your thoughts about pensions, and what you know about them. Misunderstandings can lead to m...
29 April 2021

Blog

Column Gener@ties April 2021

Philips Pensioenfonds invests the money from your pension premiums. We use the returns on those investments to pay you a proper pension. When we make our investments, we also take social aspects into account, such as the environment and human rights. Last year we conducted a large-scale survey among our members to learn more about your views on our social investment policy, and to determine whether we have your support to further develop that policy. The result: most definitely! We can now give you an update: what have we done since our survey in 2020?

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.

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?

30 April 2020

Blog

Column Gener@ties for active members

We often hear this comment, particularly from relatively young members who are still building up a pension. I can certainly imagine that the losses that pension funds are currently suffering as a result of the corona crisis are reinforcing this belief. If you share this view, however, I have some good news, despite the difficult times: it is absolutely wrong. Read on to find out why that is.

30 January 2020

Blog

Column Gener@ties for active members

We regularly tune in to hear what our members have to say. This is important: Philips Pensioenfonds is weighing one interest against another all the time, and making choices that impact our members’ pensions. It is therefore our responsibility, we feel, to obtain your input on matters that affect your pension and the pension fund. We do this not only by informing you, but also by asking for your opinion and seeking out a dialogue with you.

5 November 2019

Blog

Column Gener@ties for active members

While it is probably a subject that you would rather not think about, do you ever consider what will happen if you die? Do you know what the financial situation will be for your partner and children? The Pensioen3daagse, an annual 3-day event that is all about pensions and that starts today, will draw the nation’s attention to this issue. Unfortunately, almost everyone has all heard some tale or another where the arrangements were not as complete as expected. Our flex pension plan includes arrangements for your partner. However, this requires action on your part too!