Financial crisis plan
The HPF has a financial crisis plan in place to be able to respond promptly and effectively to financial crises. The financial crisis plan contains the measures that are available in the event of a crisis, what the impact of these measures is and which procedures must be followed.
An important aspect is the balanced representation of interests (pensioners, (former) participants and the employer) and possible communication to all parties involved.
The financial crisis plan is a description of measures that the board could effectively use in the short term if the funding ratio moves very quickly towards critical values in a short period of time, which jeopardizes the realization of the objective of the HPF. Depending on the circumstances, the board may determine to deviate from the measures described.