​​​​​​​As of the end of September, the policy funding ratio is 134.6%. The funding ratio is the ratio of the pension fund's assets to its liabilities.

Have you already read the August 2024 Pension Update? The digital version can be found here.

​​​​​​​As of the end of July, the policy funding ratio is 134.3%. The funding ratio is the ratio of the pension fund's assets to its liabilities.

​​​​​​​As of the end of August, the policy funding ratio is 134.7%. The funding ratio is the ratio of the pension fund's assets to its liabilities.

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Overall 2023 was a fairly stable year, an important foundation for the changing future. The Future of Pensions Act means change for the pension fund and your pension in the coming years.

In April 2024, the IFF Pensioners Association was established. One of the main goals that the Pensioners Association has set for itself is to represent the interests of the pensioners participating in the IFF Pension Fund.

A bill is before the House of Representatives with the possibility of withdrawing up to 10% of your pension in one lump sum at your retirement date. This choice is expected to be possible as of July 1, 2023.

IFF, the works council and the unions have been in discussions for some time to shape the new pension plan under the Future Pensions Act. Who will administer the new pension plan is yet to be decided. The employer is looking at a so-called General Pension Fund as a possible new administrator of the pension plan.