In this newsletter, you'll read more about the no boarding, about the VDPS and about the new set-up of the board
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July 2024
Dear retirees and future retirees, 

Recently, there has been a lot of media attention on pensions. That's good because your pension plan with Staples Pension Fund is an important condition of employment in addition to salary and an important part of your income upon retirement. In this newsletter, we would like to tell you about the interesting developments at our pension fund and what they mean for you.

No reversion
The new Future Pensions Act (Wtp) has come into force and many funds are preparing for new regulations. For our closed fund, this new law has no consequences. We decided earlier not to convert your pension to the new pension rules. In other words, we will not cash in your pension. You can read more about it in this article.

Considerations for the future of our fund
By 2029 at the latest, the fund will stop partly because of cost trends. We actually expect to make an educated switch earlier.
We are therefore mapping out what options are available and which of them best suits our fund. We are answering questions like: How long can we continue to exist independently as a closed pension fund? When is the right time to switch to another form of administration? What are the advantages and disadvantages of other pension administrators? For example, what can an insurer offer if it takes over the administration of our pensions?

We will keep you informed of these developments in the coming period.

Board adjustments and VDPS's role in them
Normally, a pension fund has an employer and a works council, both of which can nominate board members. Because this is no longer the case at Staples Pension Fund, we need to adjust the composition of the board. Want to know more about our plan for the adjustments? You can read it here.

The Staples Pension Fund Participants' Association (VDPS) will now have an important role in the nomination of board members. Therefore, it is very important that you become a member of the VDPS.

Kind regards on behalf of the board,
 
Rico Donders
Chairman of Staples Pension Fund
 
 
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