News

At the end of 2020, we sent a survey to test the effectiveness of the means of communication. Pensioners and former participants received the survey by post.

In a news item of December 2020 we indicated that there will be two vacancies on the board in 2021/2022 on behalf of the pensioners. We can inform you that there are candidates to fill these vacancies.

The interest also has a negative effect on the value of the pension liabilities. The pension liabilities increase when interest rates fall.

The letter regarding contribution and increase was sent this week. In the letter you will find the new contribution, information about changes to the pension scheme and an explanation of why your pension has not been increased this year.

As of 1 January 2021 a change will be made in the funding of pension accrual in the event of full occupational disability. As requested by the pension fund, the employer has paid a purchase sum for the pension accrual of those employees now suffering full occupational disability.

From January 2021 the HPF website will look quite different. It is more user-friendly, and the design is more sleek. In short… keep an eye on our website!

Per 1 november 2021 en per 1 januari 2022 zijn er vacatures namens de pensioengerechtigden in het bestuur. The pension fund is managed by a board consisting of eight members, two of which are board members representing persons entitled to a pension.

At the end of September 2020 the policy funding ratio was 96.8%. This is too low for us to be able to increase pensions. The HPF has to base its decision on the policy funding ratio: the average funding ratio over the previous 12 months. The policy funding ratio determines whether we can raise the pensions (indexation) or must reduce them (cutback). Given this policy funding ratio there was no other alternative for the Management than to decide not to increase pensions on 1 January 2021. However, the financial position of our pension fund is still adequate not to have to cut back our pensions. Read more on this subject in our blog.

The Compulsory Health Insurance (Zvw) statutory contribution has been increased to 5.7%. The contribution in 2020 was 5.45%. The HPF deducts the income-related Zvw contribution from the gross pension payments. This means that in 2021 you will receive slightly less pension. Note, however, that the maximum amount over which you pay the income-related Zvw contribution has been increased to € 58,311. In 2020 this was € 57,232. In other words, the amount deducted does change even if your gross pension doesn’t.

The Heineken Pension Fund executes your pension scheme. The pension fund uses several means of communication to communicate with you and the other participants. It is important for us to know what you think of our communication. We therefore invite you to complete the survey!