What do you think of the new Bpf Foodservice pension scheme? The employers who are affiliated with the Foodservice Industry Pension Fund, De Unie and the other unions have reached an agreement on a new pension scheme for employees in a Wholesale of Foodstuffs and Wholesale of Catering Products. We are now curious what the members think about it. We present it to the members with a positive recommendation.
Opinion requested
After months of discussions, there is a draft pension scheme for this industry. We are now curious what the members think about it. Members who are still working can cast their votes. Members who are sleeper or retired receive a separate newsletter in which they can give their advice about sailing.
When making the arrangement, we based ourselves on the new legislation. Members can therefore only give their opinion on how we have implemented this new scheme and not on the legislation. We want a good pension for everyone. The way in which the pension is now organized no longer meets the requirements of today. We are convinced that the draft regulation does meet those requirements. A broad explanation of the new arrangement is here to read.
The choice for the solidarity pension scheme
De Unie has opted for the solidarity pension scheme together with the other unions and employers. Our most important arguments for this choice are:
- The solidarity scheme offers the most opportunities to maintain the strong elements of the current scheme.
- The solidarity scheme is most in line with the wishes of employees in the sector.
- The solidarity scheme places more emphasis on investing together and sharing risks together and is therefore more based on solidarity.
- The solidarity reserve in the solidarity scheme provides better opportunities to absorb financial setbacks together.
Much remains the same
The following points from the current Foodservice pension scheme will be retained:
- Pension remains a condition of employment.
- The AOW will continue to exist.
- The old-age pension remains lifelong.
- Remain partner, orphan and disability pension.
- The pension fund continues to invest all premiums.
- The pension fund continues to take increasing life expectancy into account.
- Employers, De Unie and the other unions continue to work together to ensure a good pension for the future.
Difference between current and new regulations
Read here basically a comparison between the old and new concept pension scheme. For more information, you can consult the website of the Foodservice Industrial Pension Fund (www.bpfl.nl).
We are going to sail in is an advice
Joining means that the current pension moves to the new pension scheme. This means that the new pension rules will also apply to the pension that you have already accrued or that you are already receiving.
If the Industry Pension Fund moves the pensions, the accrued pensions of participants and pensioners will be transferred from the current to the new scheme in one go. This keeps the collective together, allowing optimal use of risk sharing and solidarity in the new pension scheme. If we were not to enter, it is expected that we would not be able to index or only index to a limited extent. All in all, sailing is expected to lead to a higher return and therefore to a better pension for participants and retirees.
By entering the current pension into the new pension scheme, the pension fund does not have to maintain high buffers as in the old scheme and this pension money can be awarded earlier to participants and pensioners. By entering, we also prevent two systems from continuing to exist side by side, where you have to maintain two administrations and two supervisory frameworks, which in turn leads to additional implementation costs. Moreover, one pension scheme is also much clearer and offers participants and retirees better insight into their personal situation.
Positive voting advice
De Unie presents the draft pension scheme to the members with a positive voting recommendation. The reason is that, based on the new legislation, it is very similar to the current arrangement and is based on solidarity. Members of De Unie can now cast their vote on this agreement. They have received an invitation to vote before 27 January 2024.
Contact
If you would like to respond to this message or would like to be contacted about a collective case, you can contact the interest representative Gerard van der Lit via gerard.van.der.lit@unie.nl or via 06-5252 2010. For individual advice you can contact the Service Center department via 0345-851 963, via email sc@unie.nl or the chat function www.unie.nl.
