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.
The employer will pay a risk premium for the future. This change in funding means that a provision can be built up, implying that the pension accrual for employees who are unable to work due to full occupational disability can be continued, also in the event that the employer is unable to pay the premium to the fund at any time in the future for whatever reason. Without this change in funding, pension accrual would terminate for employees with full occupational disability.
We look back on three days of great conversations and informative webinars in which we took a total of 341 live viewers through the transition to the new pension scheme. We have noticed that pensions are not an issue for everyone, but when we talk to colleagues, questions do arise.
The new pension scheme is a solidarity-based contribution scheme. An important and mandatory element of this scheme is the solidarity reserve. The solidarity reserve is a separate reserve that protects the pension benefits. The solidarity reserve has two objectives:
On November 12, 13 and 14 the annual Three Days of Pensions will take place. During these three days, we will organise various (online) activities where we will tell you more about the pension scheme we have at HEINEKEN and the upcoming changes to the pension scheme and what this means for your pension at HEINEKEN.