In April and May 2026, the SPF Board spoke at the general membership meetings of VGSE and VG-SIP. During these meetings, the path toward Pension27 was discussed, including its past, present, and future.
Were you unable to attend? Don’t worry. The full presentation from the VGSE general membership meeting on April 28 in Stein, delivered by Math Peeters, Giselle Verwoort, and Jacques Slabbers, is now available to watch as a video recording. You can find more information about these videos here:
SPF informational video: Meetings for pensioners (Then click on the video segment of your choice)
We also held the annual participant meetings at SABIC in Bergen op Zoom and Geleen. On this page, you’ll find a slideshow of the presentation given:
SPF informational video: Meetings for active participants
SPF informational video: Meetings for pensioners— Recordings of the VG-SIP and VGSE general membership meetings (VGSE recording from April 28, Stein)
Watch the video recording by section:
• Sale of SABIC units
• Indexation over 2025
• Status on Pension27
• How do we switch from old to new?
• Questions
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How are fluctuations in pension payments managed within Pension27?
What were the milestones on the road to Pension27?
We are moving towards a new pension system that is better suited to the times. This will not happen overnight. The employers and the trade unions (social partners) are carefully assessing the implications of the new pension scheme for everyone with a pension with SPF, whether that pension has already started or not. The social partners are aiming for the new pension scheme to come into effect on 1 January 2027.
Below you can see which steps have already been taken and which still need to be taken:
| 2 May 2025 | final transition plan |
| 30 January 2026 | acceptance of the mandate and transfer decision by the board following advice from the Executive Committee and approval by the Supervisory Board |
| 5 February 2026 | submission of fund documents to DNB |
| 1 October 2026 | expected DNB assessment of the merger decision |
| November 2026 |
everyone with a pension with SPF will receive a projected calculation of their new pension. |
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1 January 2027
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the new pension comes into effect. |
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first half of 2027
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Everyone with a pension with SPF will receive a final calculation of their new pension.Everyone with a pension with SPF will receive a final calculation of their new pension. |
Will the disability pension change under Pension27?
Will the disability pension change under Pension27?
There will be practically no changes to the disability pension. However, under Pension27, disability benefits will move in line with the economy. As a result, the amount of the benefit may change in the future.
Does it matter whether you retire before or after 1 January 2027? Yes, it doe
What is premium compensation?
Under the new pension scheme, can you still choose to exchange your partner’s pension for a retirement pension on your retirement date?
Yes, that’s still possible.
When you retire, you can (just as you can now) choose to exchange all or part of your partner’s pension for a higher old-age pension. You can do this, for example, if you don’t have a partner, or if your partner has sufficient income of their own.
If you make this choice, your partner will receive no partner’s pension, or a reduced partner’s pension, following your death.
You can read more about this choice on the website:
Read more about exchanging a partner’s pension
What changes with the introduction of Pension27 to the partner’s and orphan’s pensions?
What changes if you’ve already started receiving your pension through Pensioen27?
Even if you’re already retired, you’ll have your own pension fund within Pension27, and your pension will track the economy. This means your pension could increase in the future, but it could also decrease. The board strives to maintain your purchasing power as best as possible over the long term.