Exceptionally high coverage ratio: indexation and catch-up indexation possible in 2026

The board has decided that all entitlements and pensions in payment will be increased by 3.3% as of 1 February 2026. The remaining missed indexation from previous years will also be made up. These decisions are possible thanks to the fund’s exceptionally high coverage ratio.

Increase in your pension

Your pension will be increased by 3.3% as of 1 February 2026. This is equal to the inflation rate in the Netherlands in 2025. This increase applies to all members, former members and pensioners. This allows us to maintain the value of your pension.

Catch-up indexation

In addition to the regular increase, a catch-up indexation has also been granted. This means that you will receive an extra increase for years in which the pension fund was previously unable to index (fully). This only applies to those who are entitled to it – this is tracked on an individual basis. Last year, three-quarters of the missed indexation was already made up. With this step, we are making up the remainder. This means that all missed indexation has been fully made up. This means that you will receive an extra increase for years in which the pension fund was previously unable to index (fully). This is now also possible thanks to the fund’s strong financial position.

Exceptional coverage ratio

The fund’s financial situation is strong. At the end of 2025, the policy coverage ratio stood at over 160% (market value). This means that for every euro of pension liability, there is more than €1.60 in assets. This is a historically high level. A coverage ratio of 110% is sufficient for indexation. We are therefore well above that level.

Responsible decision

We realise that indexation will cause the coverage ratio to fall slightly. Nevertheless, it will remain well above the required threshold after the increases. Even after this step, we can confidently work towards the transition to the new pension system on 1 January 2027.

Of course, we remain dependent on the state of the financial markets. But as a (former) Robeco employee, you probably don’t need us to explain that.

Want to know more about indexation?

➤ Read the explanation about indexation