News

We recently updated the bridging plan and submitted it to the Dutch central bank (DNB) as our supervisory authority. The Bridging Plan for 2025 also shows that we could apply the more lenient rules in 2026 as well. Whether or not we do so in 2026 still needs to be decided: for the indexation at 1 April 2026, we will have to consider what a sensible rate of indexation is at that time.

In our annual report you can read all about the developments in the past year. You can read that we ended the year with a healthy financial situation, which allowed us to fully increase pensions in 2025.

MijnPPF has been completely renewed! MijnPPF is your secure personal pension environment on our website, with details of your pension situation and tooling for arranging pension matters.

The 2025 pension overviews are available to everyone who receives a pension.

The developments on the stock markets as a result of the import tariffs announced by the United States also affect the financial health of Philips Pensioenfonds. We have listed four questions and answers on this subject for you.

All pension accruals received an invitation from Philips Pensioenfonds asking them to cast their vote. Until 15 April elections will be held for a new member of Philips Pensioenfonds’s Accountability Body on behalf of the active members.

What is a sensible indexation rate for our pensions at 1 April 2025, to make sure that every one of our members can get off to a good start under the new pension plan that will come into effect in 2027? That is the question that the Board of Trustees recently answered. In 2025, we can grant our members’ pensions full indexation in accordance with our ambition. This indexation is made possible by more lenient legal rules for indexation.

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.

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.

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.