News release

Future of the Pension Fund

7 December 2016

The Pension Fund has recently received questions about the future of the Fund. The reason for these questions is probably due to the fact that the Fund is shrinking because new participants are no langer joining the Fund.

The Fund's Board has studied the risks facing a shrinking fund and has undertaken a detailed analysis, which resulted in a vulnerability matrix. On the basis of this matrix, the Pension Fund Board continuously looks whether independent continuation of the Pension Fund is the best solution for all stakeholders and/ or whether a different form has to be chosen. By stakeholders we mean active participants, pensioners, former participants and the employer. This shows that continuation of the Fund in its current form is the best option for all stakeholders. However, it is possible that a different form will be chosen in the future. If you would like to know more, please take a look at the FAQ.