All pension plans in the Netherlands must be adapted to the new Future Pensions Act, which took effect July 1, 2023. This also applies to the pension scheme of IFF Pension Fund. Recently, employer IFF and employee representatives made agreements with each other about what the new pension scheme should look like. In early 2025, the constituencies agreed to these agreements

The exact arrangements are laid down in the transition plan
The transition plan contains the agreements for the new pension scheme. The transition plan also states what happens to the pensions that have already been accrued and the pensions that are currently being paid out. The plan also describes what measures must be taken to ensure that the transition is as fair as possible. 

Stap will administer the new pension plan
It is not IFF Pension Fund that will administer the new pension plan, which is to take effect January 1, 2027. Social partners have asked Stichting Algemeen Pensioenfonds Stap to administer the new scheme according to the agreements they have made. In the coming period, Stap's board will check whether the agreements can be implemented properly and whether they are balanced. 'Balanced' means that there are no groups that are very much advantaged or disadvantaged by the agreements compared to the rest. 
Stap then starts preparing for the new pension scheme. Before the new pension scheme takes effect, IFF has chosen to transfer the current pension scheme to Step as of Oct. 1, 2025. The transition plan (NL) can also be found on this page.

Do you have any questions about agreements in the transition plan? If so, please contact your employer IFF.