The funding ratio for December 2025 is 158.9%.

Difference between funding ratios November and December 2025

In the funding ratio of December 2025, the increase in pensions of 3.12% has been administratively processed. This increase will cost approximately 5% of the funding ratio, which means that the funding ratio will be slightly lower compared to November 2025.  

Why is the December funding ratio important

The funding ratio of December 31, 2025 indicates how much capital we can distribute when switching to the new pension plan. In the first months of 2026, we will be working on converting all pensions from the old to the new pension plan. This applies to both everyone who already receives a pension and to those who will receive a pension in the future.

How does Heineken Pension Fund convert pensions?

When converting, the value of your pension is accurately calculated and converted into a pension in the new pension plan. Various checks are carried out on this. No money is lost during the conversion. In April 2026, you will receive a letter confirming your pension in the new pension plan.