News

NN’s current pension plan is due to expire on 31 December 2021. After that date, the social partners (the employer and the trade unions) want NN CDC Pensioenfonds to continue executing the current pension fund for another nine months. As part of this extension, agreements have been made with regard to the targeted accrual rate of your pension.

On 15 November 2021, Jorg Sauren was appointed to the managing board of NN CDC Pensioenfonds and ING CDC Pensioenfonds, as a representative of the employer. Alongside his position as board member, Jorg is also Key Officer Risk Management.

The financial results of the third quarter of 2021 are available. The total return on investment was +0.1%. Compared to the second quarter of 2021, the funding ratio remained 113%. The policy funding ratio increased from 107% to 110%.

The Dutch pension system is one of the best in the world. And yet, it needs to be updated because society has changed enormously. We also want people’s pensions to be better able to withstand shocks when there’s a downturn in the economy. And we want people to better understand what they have in their personal pension pot. Employers, employees, experts and the government are working together to achieve that. We aim to keep the good elements and to resolve the bottlenecks.

NN CDC Pensioenfonds’ funding ratios as at 31 October 2021 are known. The funding ratio is 112% and the policy funding ratio is 111%. Read also the quarterly results of the fund here.

The Dutch state pension (AOW) retirement age will not go up in 2027, the Ministry of Social Affairs and Employment has announced.

In anticipation of the enactment of the new Pension Act on 1 January 2023, a motion has been submitted to the Dutch Lower House of Parliament.

Did you build up pension rights in 2019? Or did you set aside additional pension savings in an annuity plan? Read here how it works to file your income tax return for the year 2020 and report your factor A for 2019.

Do you know how much pension you’ll get when you retire? Or when you can retire and what choices you can make? The Dutch national 3-day event ‘Pensioen3daagse’ on 3, 4 and 5 November is all about checking the state of your pension. So, how can you check your pension?

On 19 October, all current and former employees and pensioners received an email with an invitation to share their views on NN CDC Pensioenfonds. The invitation was sent by independent survey bureau Kien Onderzoek on behalf of the fund.