On 5 September, we received the statement of no objection from De Nederlandsche Bank (DNB). This means that DNB has agreed to collectively transfer the accrued value of all pensions from IFF Pension Fund to Stap.

Information meetings were held in Tilburg and Hilversum on July 1 and 3. During these meetings, participants present were updated on the switch to the new administrator Stap and the collective value transfer. Stap was also present to introduce itself. In the document below you will find the presentation of the meeting.

Last 1 and 3 July, a couple of information meetings were held in Tilburg and Hilversum. These meetings, organized by the pension fund, aimed to update members on the switch to the new administrator STAP and the collective value transfer. STAP was also present to introduce itself.

2024 was a fairly stable year where in particular had been working on the future of the IFF Pension Fund. The Future of Pensions Act requires choices to be made about the future design of IFF's pension plans. This changes the future accrual of your pension for you.

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

​​​​​​​As of the end of June, the policy funding ratio is 135.1%. The funding ratio is the ratio of the pension fund's assets to its liabilities.

​​​​​​​As of the end of July, the policy funding ratio is 135.7%. 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 136.5%. The funding ratio is the ratio of the pension fund's assets to its liability.

On July 3rd we are organizing a information meeting in Hilversum. During this meeting we will update you on the collective value transfer and the transfer to the new pension administrator Stap, who will also introduce themselves. There is also the oppurtunity to ask your questions.

Effective January 1, 2025, a number of conversion factors and tax figures changed. These changes are included in the appendices to the pension regulations.