2024 in focus

PensionUpdate#52

What did our investments yield last year? How many members did our pension fund have? And how much did we pay out in pensions? Below are some of the figures from our annual report.

4.0% Return on investments

In 2024, the return on a total return basis for our investment portfolio came
to 4.0%.
2023: 7.5%

€2.24 billion Pension assets

The invested assets of our fund.
2023: €2.30 billion

€1.97 billion Technical provisions

This is the amount needed to meet the pension obligations.
2023: €1.94 billion

€260.1 million General reserves

The general reserves on 31 December 2024
2023: 356.8 million.

4,900 members Members

Our fund had 4,900 members at the end of last year. Of these, 987 accrued a pension with us. We paid benefits to 3,009 pension beneficiaries every month. The remaining 904 members will receive pensions from us in the future.
2023: 4,980 members

€77.8 million Pensions paid

We paid this amount to pension beneficiaries in 2024.
2023: €75.3 million

€3.84 million Contributions

Employers and employees jointly paid €3.84 million* in contributions in 2024.
2023: €4.75 million
* The employer portion of the 2022, 2023 and 2024 contribution for the basic scheme has been reduced to 0 due to the financial position of the fund at year-end 2021, and 2022 and 2023.

115.6%* Policy funding ratio

The average of the current funding ratios of all twelve months in 2024.
2023: 122.3%
*A contribution refund took place which had a negative effect on the funding ratio.