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.

Mars Pension Fund's pension plan is quite flexible. Part-time pension is for many older employees an excellent way to reach the finish line in good health. It is therefore logical that we regularly receive questions about it. More and more employees are making use of it.

As of 1 January 2020, we will increase the pensions in effect for active participants by the full supplement: 1.98%.

As of 1 January 2020, we will increase the pensions in payment by the full supplement: 1.98%. Mars Pensioenfonds was able to decide this in its December board meeting, after a positive advice from the Accountability Council.

On 24 October we held 3 workshops on how to use the pension planner. A total of 44 participants found a place in the workshops. After a short explanation about the pension plan, they mainly got to work themselves.