News

On 1 September 2025, Jasper Kemme (61) will resign as Managing Director and Chairman of the Executive Board of Philips Pensioenfonds (PPF). On that date, it will be exactly 30 years ago that Jasper joined the Philips Pensioenfonds. And by then, the most important decisions on the transition to the new pension plan (in 2026) will have been taken. If the Dutch Central Bank (DNB) approves her appointment, Jasper will be succeeded by Anita Joosten (49), the current Director of Investments. She started her career at PPF in 2001, then worked for Philips for several years before returning to the Fund...

In our annual report you can read all about the developments in the past year. You read that we ended the year with a healthy financial situation, which allowed us to fully increase pensions in 2024. 2023 is also the year in which the Future Pensions Act came into effect.

Philips and the unions have agreed on the general form of the pension plan under the Dutch Future of Pensions Act (Wet toekomst pensioenen). The key point on which they have agreed is that we will switch to a solidarity-based contribution plan in 2026. Philips Pensioenfonds will implement this plan for all pension beneficiaries, active members and policyholders of Philips Pensioenfonds.

The 2024 pension overviews are available to everyone who receives a pension.

What is a sensible indexation rate for our pensions at 1 April 2024, to make sure that every one of our members can get off to a good start under the new pension plan that will come into effect in 2026? That is the question that the Board of Trustees recently answered.

We would like to find out more about how much risk you are willing to take with your pension. We can use this information to design our investment policy. We have carried out a survey like this several times in recent years. Now, however, it is even more important for us to understand whether different age groups have different preferences. Under the new pension rules, we will be able to align the investments better to the characteristics of the separate age groups of our members. With the new system, you will have your own ‘pension savings’, which we can invest in the way that best suits your age category. Our survey gives you the opportunity to influence the decisions that we make about the future investment policy!

For every pension recipient the pension specification is available in MijnPPF.

We regularly receive questions from participants about how the statutory rules for pensions will work. In the video series 'Philips Pensioenfonds explains' we answer the most frequently asked questions. The first two episodes are now available.

In the coming months, the Board will again consider the extent to which your pension can be increased as of 1 April 2024. Until the transition to the new pension system, the Board annually assesses which pension increase (indexation) is responsible.

On behalf of the pensioners, Philips Pensioenfonds has transferred an amount of € 100,031.53 to KWF Kankerbestrijding this month.