Pensioenfonds PGB’s 2021 Annual Report has been published on our website.
Improved financial situation in 2021
As in the year before, the coronavirus pandemic had a major impact on the lives of our participants, employers and all other stakeholders in the fund in 2021. Nevertheless, our financial situation improved and, for the first time since the financial crisis in 2008, we were able to increase pensions slightly from 1 January 2022.
New employers
Two new sectoral pension funds became affiliated to us in 2021: for the travel industry and the agricultural and food supply trade. This led to a sharp increase in the number of participants. Various new employers also joined us voluntarily and almost all affiliated employers renewed their contracts.
Towards the new pension system
The first meetings on this subject were held with the 30 largest employers in 2021. We aim to keep our employers well-informed about the new system and the various choices that they or the social partners will have to make. Several online interactive sessions were held for participants.
Chairman of the board Jochem Dijckmeester also looks ahead in our Annual Report. ‘We will take steps towards a more flexible and customer-oriented organisation in 2022. This will focus even more closely on the needs of our participants, as well as on the customer satisfaction of the social partners and employers. We are also working together on appropriate pension schemes for the world of today and tomorrow.’
For more information, please see the Pensioenfonds PGB 2021 Annual Report here.
We will be producing an online annual magazine again this year. This will look back on a turbulent year, in words and images. The online magazine will be published on our website in early June.
| Participants currently accruing pension | 125,045 |
| Pension recipients | 94,124 |
| Deferred participants | 217,105 |
| UFR coverage ratio at year-end 2021 | 116.8% |
| Policy coverage ratio at year-end 2021 | 111.5% |
| Employers at year-end 2021 | 4,004 |
| Invested assets at year-end 2021 | €36.9 billion |
| Return in 2021 | 6.2% |