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.
The Board has been preparing for the transition to the new pension system for several years, which is planned for 1 January 2027 for participants of Philips Pensioenfonds. The social partners at the companies for which Philips Pensioenfonds implements the pension plan made agreements in 2024 about the new pension plan. In May 2024 it was announced that the so-called solidarity defined contribution plan had been chosen. In December 2024, all agreements about the new pension scheme were included in the so-called transition plans of the aforementioned employers.
Would you like to know which other topics the Board was involved in in 2024? You can read about it in the 2024 annual report.
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3 June 2025
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