Implementation plan
The agreements have been elaborated in an implementation plan
The pension fund board has elaborated the transition plan in detail in an implementation plan. The pension fund’s accountability body has issued a positive recommendation on this to the pension fund board.
In addition, the pension fund’s supervisory board has approved the implementation plan. The Dutch Central Bank (DNB) still has to give its approval. Only then will the pension fund be allowed to implement the new scheme. Our plan is to ensure a smooth transition to the new scheme in the second half of 2026.
Implementation plan and communication
The implementation plan covers a number of technical aspects, such as data quality, risk analyses, outsourcing, the structure of the new scheme and how we will convert your pension entitlements into pension capital. In addition, the fund has drawn up a communication plan. In this communication plan, which must be approved by the Financial Markets Authority (AFM), we describe how we will communicate with you, the choices you can make, whether you need to take action, and much more.
A little patience
We are working hard on your pension under the new rules. We want to implement the new scheme as carefully and evenly as possible, which may take some (more) time. The implementation plan and communication plan have now been submitted to DNB/AFM. Only once we have received approval from the supervisory authorities, in the run-up to the intended transition date, will we be able to provide each participant with more insight into what the transition in euros means for your pension (benefit). We expect to be able to provide more clarity on this in the course of 2026. Until then, we ask for your patience, knowing that the outlook for your pension under the new scheme is positive.