Annual Report
Read how developments during 2025 impacted us
Every year, Philips Pensioenfonds publishes its annual report on the previous year, to inform you about the pension fund’s financial position and important developments that occurred during that year. Recurring sections in every annual report include key data, the report of the Board of Trustees, the financial statements and the opinion of the Accountability Body.
Annual report 2025
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5 June 2026
Would you like to know more about the developments that will affect Philips Pensioenfonds in 2025? Read it in the annual report. The report is in Dutch. In chapter 8 you can read the English summary. |
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Annual report 2025
For Philips Pensioenfonds, 2025 was marked by a strong improvement in its financial position. We also made preparations for the planned transition to the new pension scheme (NexT Pension) as of 1 January 2027.
Despite a negative total return of -1.6% and full indexation of pensions in 2025, our current funding ratio increased. It rose from 122.7% at the end of 2024 to 132.7% at the end of 2025. The policy funding ratio remained robust and stood at 125.2% at year-end 2025.
In the annual report you will find a complete overview of what developments have meant for Philips Pension Fund in the year 2025 and we briefly look ahead to 2026. Read more in the 2025 annual report. The report is in Dutch. In chapter 8 you can read the English summary.
Looking back on 2025 in Magazine Generaties
“An intensive year in a world full of uncertainties”
Frederieke Leene and René ter Huurne of the Board of Trustees look back on 2025: for them, the year was dominated by the transition to the new pension scheme on 1 January 2027. While the world beyond the Pension Fund was troubled and unpredictable, the Board stayed focused on decisions, implementation and communication. "Within the Pension Fund we had to just keep going, despite the instability in the world around us.”