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ABN AMRO members agree to the transition plan

October 18, 2024

In the past period, members were able to vote on the transition plan for the pension scheme. The members voted in favor by an overwhelming majority.

 

How about it again?

The pension scheme must be adapted to the new pension law that came into effect on July 1, 2023. We have worked together with experts from De Unie worked well with the bank to create the transition plan. This contains all the choices, considerations and calculations for the transition to this new pension scheme. Now that the members have agreed, the plan will be presented to the pension fund. The pension fund will then start working on it.

What will change?

As of 1 January 2027, all colleagues will build up a pension via a solidarity premium scheme. The accrued pension entitlements and pension rights will be converted into a personal share in the collective assets (own pension pot) on that date. The premium amounts to 30%. Unlike now, the largest part of this will end up in this own pension pot. Colleagues who suffer a disadvantage as a result of this change will be compensated at the start of the new scheme. In the months before and after the transition as of 1 January 2027, ABN AMRO Pension Fund will inform each colleague about the individual effects of the changes. All information can be read on the bank's SharePoint.

Contact

If you have any questions regarding this message, you can email the advocate Harma Pethke at harma.pethke@unie.nl

 

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