The current funding ratio at the end of November 2022 is 144.5% (year-end 2021: 119.2%).
The current funding ratio represents the ratio between liabilities and assets of the HPF at a specific point in time.
The policy funding ratio will be 136.9% at the end of November 2022 (end of 2021: 110.2%).
The policy funding ratio is the average of the current funding ratios over the past 12 months. The level of the policy funding ratio at the end of September determines whether the HPF can increase the pensions (grant a supplement).
In 2024, we will have achieved a 12.6% return by investing the pension assets. With this result, we are in the top three of the more than 170 pension funds in the Netherlands that were surveyed by consultants from OverRendement and Bell.
We are expected to implement the new pension scheme from January 1, 2026. We are preparing for this, so that this transition is done carefully. For example, in 2024 we switched to a new pension administration system. In this administration system, we can administer our current and future pension scheme. In short: with this administration system we are ready for the future.
Your pension scheme will change from January 1, 2026. In the coming months, we will explain the new pension scheme to you in small pieces. This time: the change in the way we build up pension.