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).
The Accountability Council (AC) at the Heineken Pension Fund consists of representatives of employees, employers and pensioners. Currently there is a vacancy in the AC for a member on behalf of the employees. The vacancy arose because the AC member is nominated as a member of the board of the Heineken Pension Fund. The documentation is in Dutch. Therefore it is important that Dutch can be read/understood.
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.