Reaction to the development of the stock markets
16 April 2025The import tariffs announced by the United States caused declines on the stock markets. Many reports about this appeared in the news last week. We can imagine this raises questions.
We changed the pension regulations in 2023, because the intended effective date of regulation that introduces a withdrawal of a lump sum is Januari 1, 2024 (in stead of 1 July 2023). Therefore it is not yet possible to withdrawal a lump sum in 2023. We have therefore removed this possibility from the pension regulations.
In the pension regulations, the withdrawal of the lump sum was part of the options of flexibilisation in Article 13 of the pension regulations, stating that this part will become applicable upon the effective date of the Lump sum, RVU and leave savings Act; intended for July 1, 2023. This section will be included again when this option can be offered. For now, this is January 1, 2024.
The import tariffs announced by the United States caused declines on the stock markets. Many reports about this appeared in the news last week. We can imagine this raises questions.
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.