Obstacles to a good pension

As in life, there are also some pension obstacles to overcome before you can enjoy your well-earned pension. These obstacles are wide-ranging, from investment risks to cyber risks, which has been in the news a lot recently. But there is also the risk that the fund will not be able to meet member expectations.
An example of this is that for several years we were unable to increase the pension (indexation). We aim to reduce the risks as far as possible, but unfortunately risks will always be there and we cannot exclude them. In such cases, we do everything possible to limit the consequences.

In any event, we will keep you well-informed about your pension and related risks, including via this Newsletter, the website and personal information about pensions. Our board members also explain the various risks in person at the different meetings.

With respect to the risks we all run, our website offers a ‘Risks relating to pensions‘ brochure.

There’s lots more information about SPF and the pension scheme on our website. You should certainly take a look at ‘My SPF Pension‘ where you can find details of your own personal situation. All your own pension information is contained there, but more importantly all the options and choices that relate to your own pension. Calculate regularly how much you will receive at your desired retirement date applying all the options you have. Also look at your outgoings to determine whether you can live the way you want with your pension. This will not eliminate the risks we all face, but does give you more financial insight. Which is certainly important!