
Conditional indexation
Indexation is conditional for all other pensions in payment and non-contributory pension entitlements. Each year the Board decides whether such an adjustment will be made. It should be noted that the Pension Fund aims to adjust the pension rights and entitlements on 1st July of each year in line with (as a maximum) the rise of the 'derived consumer price index for all households', as determined by Statistics Netherlands (CBS) for the reference period from March of the previous year to March of the current year. No capital reserves have been formed for this conditional adjustment and no contributions are paid to cover this. The granting of indexation is paid out of return on investment. Once indexation has been granted, it becomes unconditional. Does your pension keep its value? The adjoining picture, the Indexation label (Indexatielabel or Toeslagenlabel) over the period 2010-2024, is about the increase you can expect to receive, and is an average over fifteen years. The actual increase may differ from year to year. January 2010 |