Each year, the board determines the contribution for the PGB basic scheme. This contribution will remain unchanged for 2026 at 28% of the pensionable earnings. The board is taking this decision after positive advice from the accountability body. Do you have an average pay pension scheme with us? Then your contribution is derived from this basic contribution.
Many employers and social partners have been busy preparing for the transition to the new pension system. Pensioenfonds PGB is expected to make this transition on 1 January 2027. The board wants to provide calm and stability in this phase, which is why the contribution remains unchanged.
The current contribution of 28% is well above the statutory lower limit and fits within contribution policy of Pensioenfonds PGB: balanced, stable and with support from social partners.
Interest rates rose further in 2025. This reduces the cost of new pension accrual and increases the margin between the contribution and the cost price, the so-called contribution coverage ratio. Although this contribution coverage ratio is higher than the coverage ratio, the board sees no reason to reduce the contribution. By keeping the contribution the same, the policy remains balanced and future-oriented.
With this decision the board consciously chooses continuity and certainty. This way, we maintain the calm status of the current pension system and clarity for employers and participants until the transition to the new pension system.