A standard value transfer is made when requested by a member. However, it is possible that you have received a letter from the Heineken Pension Fund (HPF) concerning an incoming value transfer of pension you have accrued with a previous employer without having requested the transfer yourself. This is called an automatic value transfer. This blog explains how the automatic transfer works.

We are halfway through December and the festive season is fast approaching. The year 2019 has almost ended. Like other pension funds our policy funding ratio has gone down over the past year. This is primarily due to the continuous decrease in the rate of interest. That is bad news for our pension fund. The consequence of a decreasing rate of interest is that we must put aside more funds to be able to pay out all pensions in the future. Up to now our investments have done well, but not well enough to compensate the consequences of the decrease in interest rates. Unfortunately, this has resulted in a worsening of the financial position of our fund.

As of 1 January 2020, the employer Heineken Netherlands Beheer B.V. (HNB) split into three new independent entities: Heineken Netherland (Commerce), Heineken Netherlands Supply (HNS) and Vrumona. In addition, as of 1 January 2020, two new collective labor agreements have been agreed upon for HNS & Vrumona Supply and Heineken Netherland & Vrumona Commerce. We can imagine that you are curious whether this has consequences for your pension scheme. In this blog we give you more information about this.

The Heineken Pension Fund executes several pension schemes. When you join Heineken, Heineken offers you the Heineken pension scheme. The details of the pension scheme are included in the Pension Regulations. Regarding the disability pension, there are also the Disability Pension Regulations.

In our blog of October 2020, we already announced that the Heineken Pension Fund is participating in the 3 Days of Pensions. We have also indicated that you can calculate your expected AOW age and get an overview of all your pensions and your AOW. So you know when you will receive AOW and how high your pension will be. But what will your life be after you retire? What are you going to spend? Do you still have a mortgage debt? Try to visualize your future life and consider how much you plan to spend every month.

Hopefully, after our blog of October 2020 and the calculation of your pension situation that was discussed on the first day of the 3 Days of Pension, you have gained clarity about if you are on track with your pension. If you know how high your pension is, you can better estimate whether this is enough to lead the life you would like to live. If necessary, you can take measures yourself. What can you do if you think you need more income?