Indexation

Each year the pension fund tries to increase your accrued pension, also referred to as indexation. The purpose of indexation is to keep the value of your pension in line with the increase in negotiated wages or prices, if higher. Your pension will only be increased if the pension fund’s financial situation is sufficient. If the fund's financial situation permits, the board may decide to increase pensions.

Over the last 5 years the pensions have been adjusted as follows
As of 1 January 2022, the pensions (of 2021) of active participants who are still accruing pension have been increased by 3.28, and a catch-up indexation of 0.67%. The pensions of retired employees and former participants who no longer accrue pension, also have been increased by 3.28, and a catch-up indexation of 0.67%. There was a 2.25% increase of wages and a 3.28% increase of prices.

 Date  For deferred participants and
 pension beneficiaries
 For participants
 1 January 2021  0.48%  1.31%
 1 January 2020  0.90%  1.70%
 1 January 2019  1.06%  1.42%
 1 January 2018  0.47%  0.79%
 1 January 2017  0.00%  0.00%

More information?
More information on pension increases is available at Indexation (pdf).