The December 2021 IFF Pension Update is published! Read the articles referenced in this edition here or download the Pension Update in .pdf.

As of the end of October 2021, the policy coverage ratio is 116.4%. The coverage ratio is the ratio of the pension fund's assets to its liabilities.

We recently sent you a letter with a link to a survey about this. We would very much appreciate it if you would complete this before 21 December 2021. We would like to use the results of this survey, among other things, to better tailor our communication to your wishes and to improve our services.

In the series "We take care of your pension!" you get an inside look at your pension fund. Meet board members and other (former) colleagues who have a role in ensuring a good IFF pension. 

Would you also like to have a say in the ins and outs of your pension fund? Then a role in our pension fund might be something for you! We are currently looking for prospective board members.

Find out when you will receive your pension benefit and statement in 2022. And when to expect your 2021 annual statement.

To ensure that your pension retains its value, we try to increase your pension annually in line with the rise in prices. We can only do this if the fund's financial position allows. As of January 1, 2022, we will increase your pension by 1.43%. This is a partial indexation, as prices rose by 3.28% in 2021.

The funding ratio of a pension fund specifies the ratio between the assets and the liabilities, and is an indicator of the financial position of a pension fund.

The age at which people receive old age pension (AOW) is linked to the life expectancy determined by Statistics Netherlands (CBS). If life expectancy increases, people will receive AOW benefits at a later date.

On September 15 and 16, so-called UPO meetings were held by the Executive Board of the Pension Fund. These were interesting meetings with a total of about 60 participants. Click here for a short review of the meetings and frequently asked questions.