The accrued pensions and pension benefits will be increased by 2.77% on 31 December 2025 by Pensioenfonds hospitality & Catering for employees who work or have worked in hospitality and catering.
The value of your pension
Money becomes slightly less valuable each year due to price increases. As a result, in ten years' time, you will be able to buy less with a hundred euros than you can now. This is called ‘inflation’. Accrued pensions and pension benefits also lose value because of this. To keep the value of your pension as high as possible, we assess annually whether we can increase the pensions. This is also known as ‘granting an allowance’ or ‘indexation’.
How do we determine if we can increase?
Increasing pensions is subject to legal regulations and depends on the level of our policy funding ratio. Our pension regulations stipulate that we partially increase pensions if the policy funding ratio is between 110% and approximately 125%. We assess this annually based on the policy funding ratio as of 30 September. If this is sufficient, the board determines what increase is possible. The policy funding ratio was 139% on 30 September 2025. This means it was sufficiently high to increase the accrued pensions and pension benefits by 2.77% on 31 December 2025.
Increase and new scheme?
In November, all participants received an initial calculation of the pension in the new scheme, which we intend to implement from 1 January 2026. This allowance (of 2.77%) is in addition to this and is therefore separate from the transition to the new pension scheme. The increase will be implemented in January. The final calculation of the pension in the new scheme will follow by summer 2026.
Read more on the PH&C website
PH&C decided on 11 December to make a definitive transition to the new pension system. This means that all existing pensions will be transferred according to the new rules from 1 January 2026. Read more about the new pension scheme.