Newsletter december 2025
 

Pensioenfonds PDN pension increase

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On 10 December 2025, the Pensioenfonds PDN Board decided to increase pensions by 3.01% with effect from 1 January 2026. 
This is the maximum increase that the Board can award and is based on the consumer price index increase (CPI - All Expenditure - derived) published by Statistics Netherlands over the October 2024 - October 2025 period. Awarding the maximum increase, otherwise referred to as maximum indexation, will result in the funding level falling by approximately 4%.

The Board used a temporary concession in legislation and regulations in order to award the maximum indexation. Indexation of only 2.33% (0.68% lower) would have been awarded under normal circumstances and the funding level would have fallen by approximately 3%.

Balanced weighing of interests

Important considerations in awarding full indexation included the fund’s healthy financial situation and the desire to prevent the indexation gap from widening further.

The Board does, however, need to be able to demonstrate that awarding full indexation is in the interests of all members. In view of the transition to the new pension system, the additional indexation will result in a modest benefit for older pensioners. The extra indexation will be slightly disadvantageous to all other members, deferred members and younger pensioners, although the differences are not significant and are within the scope of the balanced weighing of interests. The Board also took into account the impact of extending the current contribution agreements and the associated pension accrual for employees, an explanation of which is given in the following article.

To conclude

Everyone will receive a letter regarding the indexation award in early January. Pension benefit payments will be 3.01% higher in January.