News

Philips Pensioenfonds ended 2021 in a strong financial position. This is good news for all our members: we will grant full indexation on our pensions at 1 April 2022.

Investing pension money is necessary to be able to offer you a good pension. That is why the assets of Philips Pensioenfonds are invested. We can imagine you are wondering whether the current events in Ukraine are affecting the Fund's investments. The answer to this question is affirmative. In this news item we will give you more information about this.

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.

In the middle of this holiday period, I like to briefly look ahead to the second half of this year. The Future Pensions Act and the socially responsible investment of your pension money will again be high on the agenda in the second half of the year. We will also evaluate our indexation policy.