News

At the end of June, the General Board made a final decision on the implementation of the new pension scheme from 1 January 2027. This means that all our participants will participate in a new pension scheme from 1 January 2027. We will convert all accrued pensions to the new scheme. The decisions taken are recorded in legally prescribed documents that have now been submitted for assessment to our supervisors De Nederlandsche Bank (DNB) and the Netherlands Authority for the Financial Markets (AFM).

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.

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 recent years, as a pension beneficiary, you received the pension specification for January and the annual statement for the previous year at the same time. From 2025, you will still receive both documents at the beginning of January, but no longer at exactly the same time.