The social partners (NN Group and the trade unions) have agreed on the terms of a new pension plan. If you are currently a participant of NN CDC Pensioenfonds, the new pension plan will apply to you as from 1 July 2019. For employees participating in Pensioenfonds Delta Lloyd, the transition will take effect on 1 January 2020. From that date on, all employees will be participants of the new pension plan managed by NN CDC Pensioenfonds.

The summer edition of NN CDC Pensioenfonds’ digital newsletter ‘Special’ has been published. The Special reports e.g. on the new pension plan and on how low market rates affect pension. Frequently asked questions are answered like ‘Early retirement: will it gain or cost you?’. The Special also brings an interview with new board member Ingmar Minderhoud and the annual report 2018 in brief.

NN CDC Pensioenfonds’ funding ratios as at 30 June 2019 are known. The funding ratio is 109% and the policy funding ratio is 114%.

If the new pension agreement, recently negotiated by the Dutch government, employers and trade unions recently agreed a slower rise of state retirement age.