Summer 2019
An interview with 32-year-old Ingmar Minderhoud, who joined the board of the CDC pension funds of ING and NN Group in April this year. The board acts in the interests of the employees, former employees and pensioners. As a member of the board, Ingmar’s areas of focus are finance and risk. He works at NN Investment partners.
Did you know you spend about one day a week working for your pension? Probably makes you wonder how much you get in return. And how much your partner will get if you pass away.
In June you received your Uniform Pension Overview (UPO). Take a moment (with your partner, perhaps?) to have a close look at your UPO - it pays off. Check whether your personal details are still correct. Consider whether it might be interesting to utilise your tax allowance in connection with ‘factor A’. And of course, find out how much pension has been built up in the CDC pension plan for you, your partner and your children.
So you’re settling down. Have you figured out how you want to live your life? Do you have a challenging job? Are you making plans to buy a home? Your list of plans for the future is growing – alone or with your partner. Sure, you can live in the moment, but don’t forget to plan ahead. Retirement may seem like a long way ahead and your pension has no priority for you. You first need to pay off your student loan and create financial scope to buy or rent a home. Any money left over can be spent on fun things, right? Like traveling to distant countries. Or should you perhaps consider your long-term horizon?
On 1 January 2019, Nationale-Nederlanden discontinued its voluntary ANW-gap insurance. To replace this insurance, ING has taken out additional temporary partner pension though ING CDC Pensioenfonds. You do not need to pay any premium for this insurance.
If the new pension agreement, recently negotiated by the Dutch government, employers and trade unions, is written into law, the new Dutch state pension (AOW) retirement age will take effect in 2020. This article explains what that entails for you.
Market interest rates have been low for years, and over the past quarters they have declined even further. This means the risk that ING CDC Pensioenfonds will need to lower or cancel indexation and/or cut back future pension accrual has grown. This article explains why.
On 29 May 2019, the Dutch Council of Ministers approved a bill to ‘Modernise the rules for pension division as part of a divorce - 2021’. The bill aims to ensure that divorced people can move on independently from each other as quickly as possible - as far as their pension is concerned. A pension covenant can help them do that.
How did ING CDC Pensioenfonds safeguard your interests in terms of investments, costs and governance? What amount of contribution did ING pay to help build up your pension and what was the financial position of the pension fund? These and other figures can be found in the 2018 Annual Report in brief.
Your life is dynamic and you want to find a good work/life balance – a balance between being care-free now and making plans for later in life. You like being able to make your own plans, including when it comes to your future pension benefits. ING CDC Pensioenfonds helps you take control, no matter what phase of life you’re in.
Monique is 60 years old and is considering retiring in two years’ time. She would like to combine her pension with a part-time job. Is that possible? If she opts for part-time pension, what are the rules?
