Your pension in the future
What happens to your pension in the future?
If you wish to leave your accrued pension at Philips Pensioenfonds, we will pay out your pension on your retirement date. Of course, we will update you on your pension regularly. And we will try to increase your pension each year, in order to maintain your purchasing power as much as possible.
Tip
You can view your total pension situation on Mijnpensioenoverzicht.nl.
Go to Mijnpensioenoverzicht.nl (in Dutch)How will we inform you?
During your employment, you could find information about your pension in Philips Pensioenfonds’ MijnPPF and Pension Planner. Now you have left the company,
you still have access to this information at MijnPPF and Pension Planner. A current overview of your pension will be posted in MijnPPF once per year.
Higher pension
Every year, we try to raise your pension to reflect rising prices. This is our ambition, as described in our indexation policy. However, this indexation is not an automatic given. Every year, the Board of Trustees decides whether your pension can be increased, and if so by how much. Whether or not we can realise our ambition depends on what the law permits, based on our financial health. Another factor is that we want to be in a solid financial position in 2026 when we switch to the new pension system. The indexation needs to be prudent with that in mind too. To find out more about this, go to Indexation policy.
Related information
Perhaps you are also interested in the information below
Indexation policy
We try to increase your pension each year with wage inflation. This is called 'indexation'. Do you want to know more about this?
Go to indextion policy
Changes
Of course things can change in your life. Do you want to know what you need to know and what you can or should do?
Go to Changes