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Autumn 2019

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Five questions for Mark

“I think it’s important for employees to have a say in the supervision of their pension fund.”

On 1 June 2019, Mark Rab was appointed a new member of the accountability body of ING CDC Pensioenfonds on behalf of the employees. We asked Mark five questions to get to know him better.

Value transfer of your pension if you stop working

If you stop working at ING, you cease to build up pension in ING CDC Pensioenfonds. And if you then join a new employer’s pension plan, you may opt to transfer your pension accrual. This is referred to as a value transfer.

CLA salary increase and your pension

Are you an employee of ING? If so, your salary was raised by 3% on 1 September. What will the raise mean for your pension at ING CDC Pensioenfonds?

Enjoying life

"I work four days a week because I choose to!”

“When we were your age…,” your parents often say. They made different choices. After finishing their studies, the baby boomers got a job, got married, bought a house and started a family well before they were thirty. Whenever they could, they'd save money for later. Your lifestyle might be quite different, though, because you've got other priorities or you don't have the means at this point in your life. And when it comes to your pension, you have to take action nowadays.

Events that used to be milestones tend to be postponed nowadays. There's so much more to life. Making a career, traveling, developing yourself, doing a project abroad – these are milestones too! Apps are making our daily lives a lot easier. Banking, saving energy or booking a trip, for example. Do you compare yourself with others or do you consciously make your own choices?

Pension accrual to be cut back in 2020 due to low interest rates

Interest rates have declined substantially in 2019. This has an impact on your pension, as low interest rates are making pension accrual a lot more expensive. As a result, the accrual rate of your pension will be cut back by 25.35% in 2020.

Workshops at the 3-day event ‘Pensioen3daagse 2019’

Your pension is more than just income for later in life. It also provides your partner and children with surviving dependants’ pension in the event of your passing away. At the 3-day event ‘Pensioen3daagse’ on 5, 6 and 7 November, ING’s pension funds organised workshops.

Pension accrual 2020

André Hollenkamp and Sebastiaan van den Dries of ING CDC Pensioenfonds explain in this video why your pension accrual will be cut back in 2020.

Will you have enough pension? Check out the Pension Planner

What are your dreams for later in life? And how do your ambitions tie in with your home and family situation? The Pension Planner will show you where you're at financially and what you could do to optimise your pension.

Departure checklist

When you leave the company, you’ve got lots of things to deal with. You might want to start your own business, your retirement might be starting, or you might be looking for a new job. Lots of things you need to look into. Make sure you think about your retirement well ahead of time to avoid surprises. This checklist will help you.

Return on investment +7.7% in third quarter

The financial results of the third quarter of 2019 are available. The total return on investment was +7.7%. Compared to the second quarter, the funding ratio decreased from 108% to 102%. The policy funding ratio decreased from 114% to 110%.

No time to lose!

No matter who you are or where you're from, the best time of your life starts now. Whatever your goals or dreams may be. Watch the video to find out how this affects your pension.