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.
7.5%
Return on investments
The total return of our investment portfolio was 7.5% in 2023.
In 2022: 24.6 %
€ 2.3 billion
Pension assets
This is the invested assets in our fund.
In 2022: € 2.3 billion
€ 1.94 billion
Technical provisions
This is the amount needed to meet the pension obligations.
In 2022: € 1.85 billion
€ 356.8 million
General reserves
This was the amount of the General Reserve at December 31, 2023.
In 2022: € 444.0 million
4.980
Members
Our fund had 4,980 members at the end of last year. Of these, 1,039 accrued a pension with us. We paid benefits to 2,962 pension beneficiaries every month. The remaining 979 members will receive pensions from us in the future.
In 2022: 5,044 members
€ 75.3 million
Pensions paid
We paid this amount to pension beneficiaries in 2023.
In 2022: € 73.0 million
€ 4.75 million
Premium
Employers and employees jointly paid € 4.75 million* in premium contributions in 2023.
In 2022: € 3.3 million
*The employer’s share of the 2022 and 2023 premium contributions for the basic scheme was reduced to 0 due to the financial position of the fund at year end 2021 and 2022, respectively.
122.3%
Policy funding ratio
The policy funding ratio is the average of the actual funding ratios for all 12 months in 2023.
In 2022: 125.4%