For your pension from the MSP plan, you invest. You can decide how you want to invest in the mutual funds selected by MPF.

The Board has set the administration fee for participants in the Employee Selection Plan (MSP) for 2021. Mars Pension Fund has been charging these administration fees periodically again since January 1, 2020.

The pension agreement. You hear a lot about it, yet it still seems a long way off. What has happened since the last update in July 2020? And what do these developments mean for your pension at Mars Pension Fund? Time for an update.

On March 23, the Mars Pension Fund Board redefined the recovery plan for 2021. Every year we update this plan, based on the latest financial results. Good news: in the updated plan, we expect the policy coverage ratio to be back at or above the required equity (VEV) by the end of next year (2022).

At the end of February 2021, the policy funding ratio is 113.9%. This is an increase compared to January 2021. The policy funding ratio is the average of the current coverage ratios for the last twelve months. The current funding ratio increased from 119.3% to 123.1% in February.

The funding ratio of a pension fund is the ratio of the assets of the pension fund (the capital) to the commitments (the pensions to be paid). The funding ratio indicates whether the pension fund has sufficient funds to pay the pensions now and in the future.

The UPO shows how much pension you have accrued so far. The Pension Dashboard shows what you can accrue if you continue to work at Mars. How certain is it that you will actually receive these amounts?

The UPS has changed a lot compared to last year. The new UPS is much shorter, clearer and easier to read. And it contains recognizable icons.

The new UPO states how much pension you have accrued at the moment. Of course you also want to know how much pension you can expect later. And whether that is enough. You can find these answers in the Pension Dashboard.

Ad van Gestel has been on the Accountability Body of Mars Pensioenfonds (representing the pensioners) since 2014. He now makes himself available for another term of three years.