Last 1 and 3 July, a couple of information meetings were held in Tilburg and Hilversum. These meetings, organised 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.
Probably due to the very hot weather, not everyone who had registered was present. Nevertheless, a total of about 100 participants, including many pensioners, attended the meetings and were able to ask their questions.
Kees Wisse, chairman of IFF Pension Fund, opened the meetings with a short introduction. After 84 years, IFF Pension Fund will cease to exist and will transfer all its assets and obligations to General Pension Fund Stap. Stap will take over the current scheme on 1 October 2025 and continue to administer it until the transition to the Future Pensions Act on 1 January 2027.
From Stap, Lenneke Rademaker was present to introduced the new fund and there was an opportunity to ask questions. A selection of the most frequently asked questions can be found below. All in all, these were extremely valuable meetings where we were able to update each other on the upcoming changes.
Most asked questions during the information meetings
An own pension ring is an arrangement where there is more say in one's own pension plan and investment policy. Stap has 10 pension circles, all with separate assets. APF Stap has a professional board and proposed decisions must be submitted to the Stakeholders' Body (Belanghebbenden Orgaan). The BO meets about seven times a year. The BO will consist of 6 members.
These costs are borne by IFF and are not borne by the fund.
No, Stap has its own investment advisory committee. But initially, the investment policy will be adopted 1-to-1.
You will receive further information in the form of a farewell letter, a final position letter and a welcome letter with information from Stap and an initial position letter. The final position letter and the initial position letter will state entitlements, not capitals.
No, this is not possible now and will not be possible under the Wtp either.
No, there are different contribution dates.
No, this is not possible. You will receive your pension for as long as you live.