Pension 123 Layer 2

Inflation-proof pension

Inflation-proof pension

Normally, money is worth slightly less as each year passes. The same sum of money will buy slightly less in 2018 than it did in 2017. This is called inflation. To compensate for inflation, Staples Pension Fund strives to index your accrued pension each year. This means that your accrued pension will increase each year in line with the general increase in wages or prices. This is known as an inflation-proof pension. 

It is not always possible to increase pensions in line with the increase in wages. If the financial situation is not so good, it may the case that Staples Pension Fund cannot allocate indexation, or at least not full indexation. In this case, your pension will be worth less. If the financial situation improves at a later date, additional indexation may be allocated in order to restore the purchasing power of your pension.

The indexation allocated by Staples Pension Fund in recent years for inactive participants and pensioners is shown below:

Year

Indexation

Price increase*

2022 4,00%**** 3,28%
2021 0,24% 1,12%

2020

1,27%

1,73%

2019

1,84%**

1,68%

2018

1,29%

1,34%

2017

0,07%

0,32%

2016

0,31%

0,44%

2015

0,28%

0,75%

2014

0,33%

0,90%

2013

0,45%

2,03%

2012

0,00%

2,33%

2011

0,35%

1,40%

2010

0,20%

0,40%

2009

1,39%

2,53%

The indexation allocated by Staples Pension Fund in recent years for active participants*** is shown below:

Year

Indexation

Wage increase*

2018

1,50%

1,56%

2017

1,00%

1,58%

2016

1,00%

1,23%

2015

1,00%

1,21%

2014

0,99%

0,99%

2013

1,00%

1,71%

2012

1,00%

1,58%

2011

0,64%

2,56%

2010

1,27%

2,54%

2009

1,95%

3,54%

*The wage/price increase figures are based on figures from Statistics Netherlands (CBS).
** This concerns 1.68% regular indexation and 0.16% catch-up indexation.
***Since July 1, 2018, Staples Pension Fund no longer has active participants.
**** The indexation is composed of 3.28% full indexation and 0.72% catch-up indexation.

Measures that affect all participants

Reductions and supplements are measures that affect both former participants and pensioners. The accrued pension or pension benefit is reduced or (not) indexed. For pensioners, a pension reduction means they immediately have less to spend. Other participants will notice the discount later, when they retire.

Supplement and reduction forecast for the coming years

Staples Pension Fund is one of the few pension funds in the Netherlands that has increased pensions in recent years. There is a chance that a (full) supplement will be granted in the next five years. Reducing pensions is not necessary at the moment. For the next five years, the chance of a reduction is small, but still present.