Every half year HEINEKEN review whether the development of market interest rates requires a change to the interest rate on the HEINEKEN savings account. As per the agreement with the Dutch tax authorities, the interest rate which HEINEKEN pays follows the yield on listed euro bonds issued by companies with a risk profile comparable to HEINEKEN. This index-rate moved slightly up over the last six months. As a consequence, the interest rate on the HEINEKEN savings account will be increased from 0.60% to 0.80% as from 1 July 2021. This percentage will apply until the next review date on 31 December 2021.
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.