Pension payments

Checked on 30 August 2021

What are the arrangements?

Information about your pension payments

When you retire you will receive a pension from Philips Pensioenfonds. Read on to find out what the arrangements are for your pension and how it is paid, and how we keep you informed about your pension.

Account number in MijnPPF

If you have a new account number, pass on the changes in MijnPPF under Profile. You need to log in with DigiD or with an EU approved electronic identification.

Go to MijnPPF

Information

If you have a pension with Philips Pensioenfonds, you will receive several kinds of information. Read on to find out everything that you need to know about your detailed pension statement, your pension overview and your annual income statement.

More about information about your pension

How the payments change/end

Current pension payments may change or end for a variety of reasons. Read on to find out what those reasons are.

More about how payments change/end

Withholdings

You spent years of your working life building up your pension. The total pension value represents a gross amount, meaning that you still have to pay tax on it. What other charges do you have to pay? More importantly: what does that leave for your net monthly payment?

More about withholdings

Frequently asked questions

Would you like to know more?

  • Your pension is paid in advance on the first working day of the month. An overview of payment data can be found on our website and is always published in our Generations magazine. The moment of credit can be between morning and evening, we cannot specify the exact time. Philips Pensioenfonds offers the payment order to the bank and the time of credit depends entirely on the receiving bank. Pension not immediately available at the bank on the day of payment?

  • On public holidays within the European Union, an adjusted payment service applies to banks. Because 1 May is an official holiday for many countries in the European Union, an adjusted service also applies on that day. Payment orders are not processed on this day. 

  • Your pension is paid in advance on the first working day of the month. An overview of payment data can be found on our website and is always published in our Generations magazine. Some banks also process payment traffic to and from the same bank on weekends and public holidays. However, this is not possible for business payment transactions by paying agencies, such as Philips Pensioenfonds, and therefore no payments are processed on these days. These payments will only be processed on the next business day.

Related information

Is the information below perhaps also interesting for you?

Indexation policy

We try to increase your pension each year with price inflation. This is called 'indexation'. Do you want to know more about this?

Go to Indexation 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