Because Stichting Pensioenfonds Staples (SPS) is a closed fund, the future was one of the most important issues. In January 2025, the board decided to switch to an insurer. De Nederlandsche Bank has since given the green light for the switch, and the board chose Aegon Levensverzekering, a subsidiary of a.s.r.

Future of Pension Fund Staples within the Future pensions act.

Since 2015, no new members have joined SPS. The fund was converted to a so-called dormant pension fund in July 2018. That means the fund no longer receives premiums for continued pension accrual. Because SPS no longer receives premiums, it can no longer pay the costs of the fund from premium income. In addition, the money that SPS has set aside to cover costs is only sufficient until the end of 2029.

The members of our pension fund are also getting older, which means that the focus is becoming more on security. SPS can therefore invest less and less riskily over time. This means that the fund can achieve less excess return. The pension fund aims to increase pensions each year based on price trends. In recent years, this has been partially successful. Due to lower excess returns and higher costs in the future, it is becoming increasingly difficult to achieve this goal

Therefore, in 2024 the board examined extensively whether a transition to another pension administrator would offer a better prospect of continuing to increase your pension in the future. After careful investigation, the board concluded that transferring to an insurer would be the best solution.

What does this mean for your pension at the moment?

Following approval from DNB, the board has opted for Aegon Levensverzekering, a subsidiary of a.s.r.. We will, of course, keep you informed of developments.