De Unie, in your interest

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ING Bank: Progress of pension negotiations

November 01 2024

The social partners are close to an agreement on the draft transition plan for the ING pension scheme. The plan is to finalise the draft in the first week of November.

What is the transition plan

In the transition plan, the social partners implement the Future Pensions Act (Wtp). The following matters are regulated in it:

  • New pension scheme for ING employees.
  • New survivors' pension scheme.
  • Compensation scheme.
  • Transfer of the entitlements accrued in the ING CDC pension fund to the new scheme (transfer).
  • Allocation of the reserves in the ING CDC pension fund.
  • Adjustment of the closed pension fund (PFI) to the Wtp.
  • Transfer of the entitlements accrued in the PFI to the Wtp PFI scheme (intrashipment).
  • Allocation of reserves in PFI.

De Unie has previously explained the issues in the pension negotiations in various webinars. We have also answered questions from members. You can watch these webinars and Q&A sessions here Nazis.

Explanation

The transition plan is not easy to read for everyone, so it is important to provide a good explanation. ING starts with the explanation to all employees, then takes De Unie talking about.

ING

The employer is organizing a pension webinar on November 7. There will be online Q&A sessions on November 11 and 12. There will also be meetings in Amsterdam (November 12) and Leeuwarden (November 14). Employees have received a message from the employer about this and can still register.

De Unie

De Unie advises members to view the information from ING and to use the Q&A sessions. You can also ask questions to De Unie ask questions, we will be happy to answer them for you.

On Friday, November 8th, De Unie the transition plan to the members. This also includes our explanation of the agreements made.

In the second half of November, we will also organize an online meeting for members who want to ask questions or share their opinion on the transition plan with colleagues. Members will be notified about this.

To vote

The transition plan is a negotiating agreement on the new pension scheme for ING employees. De Unie submits this to the members, because they ultimately determine whether the transition plan is adopted. The voting period is from Wednesday 20 November to Thursday 5 December 2024. Members with a Complete or additional membership will receive a voting link for the voting period.

Contact

If you have any questions about this message, please contact the advocate Inge de Vries. You can do this by sending an email to: inge.de.vries@unie.nl

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