News

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.

The process of deciding on the new pension plan recently took another step forward. During the first calendar quarter of this year, the Accountability Body issued a favourable opinion on the Board’s provisional resolutions for the new pension plan. This allowed the Board to confirm its resolutions in late-March, subject to two contingencies.

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.

In this edition, among other things: your pension can be increased in 2022, responsible investment choices focused on sustainable development goals in our equity portfolio and tips on cyber security.

Anyone who has previously worked at Philips or Signify and still has a pension with Philips Pensioenfonds will find his/her Uniform Pension Overview in MijnPPF.

Philips Pensioenfonds makes conscious investment choices in its portfolio 'shares in developed markets' for companies that contribute positively to four sustainable development goals: 'Good health and well-being', 'Climate action', 'Sustainable cities and communities' and 'Responsible consumption and production'.

Philips Pensioenfonds publishes the so-called premium funding ratio of the Fund in its annual report. Over 2020, this funding ratio was 79% (over 2019: 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 over 2020 is 99% (over 2019: 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.