In recent months, IFF and the unions have been busy making arrangements for IFF's new pension plan. They are almost finished with this. These agreements will be laid down in a so-called transition plan.

This transition plan will then be presented to the party that will administer the new pension plan. It is already known that this will not be IFF Pension Fund. IFF prefers a General Pension Fund (APF) to administer the new scheme.

Nothing will change for you at this time. However, we are already making preparations.

There are many arrangements to be made for the transfer to the new administrator and the transition to the new pension plan. For you, nothing will change yet. Your pension will remain with IFF Pension Fund until October 1, 2025. At that time, we expect to collectively transfer the accrued value of all pensions to the new administrator. More information about this will follow later.

Even after October 1, 2025, nothing will change for you at first. The APF will administer the current pension plan, as it is currently administered by IFF Pension Fund.

The aim is to have the new pension scheme, as laid down in the transition plan, take effect on January 1, 2027.