The funding ratio indicates whether a pension fund is financially healthy. There are different types of funding ratios. The chart below shows how Philips Pensioenfonds is doing financially.
Attention
The latest figures about our financial position can be found via the link below.
Limits of indexation table are no longer applicable
Philips Pensioenfonds has announced its intention in 2021 to start using less strict indexation rules (the so-called 'transition FTK') from 2023. When these rules are used, the limits that are now included in the indexation table of Philips Pensioenfonds (and which are shown with the colors in the chart) are no longer relevant. Full indexing is allowed earlier. A decision has yet to be made on whether we want to make full use of the scope provided by the transition FTK. This decision-making process will also take into account the results of the evaluation of the indexation policy, which will take place in the second half of 2022. The reason for this evaluation is the large difference between price and wage inflation in 2021. Price and wage inflation in 2021 formed the basis for the decision-making process about indexation in 2022. More about this decision-making in this news item.