In June 2022, the trade unions accepted the new CLA for NN, which also includes a new pension plan. From 1 October 2022, NN employees build up their pension in BeFrank under a defined contribution plan.
Pension accrual rate 1.875%
At the request of NN IP (Goldman Sachs), its employees will continue to build up their pension in NN CDC Pensioenfonds for a maximum of 15 months. The targeted accrual rate will be raised from 1.5% to 1.875% with effect from 1 October 2022. This is because interest rates are rising. In other words, the pension fund aims to build up your pension at a rate of 1.875% per year. However, the pension fund needs to check every year whether this is possible, given the prevailing interest rates.
For the period from 1 October until 31 December 2022, this will be possible. As at 30 September, the pension fund will assess whether it will be able to realise an accrual rate of 1.875% in 2023 as well. The pension fund will inform its participants this autumn.
More information
Are you employed by NN or by NN IP? Have you left the company? Or are you retired? NN CDC Pensioenfonds understands that the new situation may give rise to all sorts of questions. How will the new plans affect you personally? Will you still be able to use the Pension Planner? Where do you need to submit your request for early retirement? Is there a help desk that can inform you?
Visit the website for more details. Like a timeline for the upcoming changes. If you cannot find what you need, please get in touch with the Pension Desk.