No increase in pension on 1 January 2021

28 December 2020 | News | Uncategorized

At the end of September 2020 the policy funding ratio was 96.8%. This is too low for us to be able to increase pensions. The HPF has to base its decision on the policy funding ratio: the average funding ratio over the previous 12 months. The policy funding ratio determines whether we can raise the pensions (indexation) or must reduce them (cutback). Given this policy funding ratio there was no other alternative for the Management than to decide not to increase pensions on 1 January 2021.
However, the financial position of our pension fund is still adequate not to have to cut back our pensions. Read more on this subject in our blog.

Related posts

This is how we did it in 2024

8 July 2025

The first half of 2025 is over and we would like to look back on the year 2024 with you. In our Annual Overview 2024, we have outlined the most important facts and figures.

Information brochure new pension scheme

8 July 2025

As of January 1, 2026, we will probably switch to the new pension scheme. We have listed what will happen to pensions at HEINEKEN as of January 1, 2026.

Moving message: Heineken Pension Fund moves to Amsterdam

1 July 2025

Today, Tuesday July 1, the Heineken Pension Fund has moved from Zoeterwoude to Amsterdam. This is our new address: