How is your pension arranged?

The amount of your pension is not certain. There is a possibility that we will not be able to adjust your pension to inflation. Our pension fund faces risks including the following:

• People are living longer on average. As a result, we have to pay pensions for longer.
• Low interest rates make pensions more expensive. Our pension fund therefore needs more money to pay the same pension.
• Our investment results may fail to meet expectations.
• You can find more information about our financial situation and the policy coverage ratio here (in Dutch). These aspects could affect your pension.

We make every effort to ensure that your pension keeps pace with wage rises. This is possible only if the pension fund’s financial situation is good enough. In recent years we have indexed our members' pensions as follows:

 If there is a deficit, we take one or more of the following measures as required:

• Your pension is not entirely keeping pace with wage rises.
• In the most extreme case, we will lower your pension.