How does our investment policy work in extreme situations?

We looked in more detail at how our investment policy works in extreme situations. We simulated and lived through several scenarios in a workshop. This provided a better picture of the possible consequences and what we can do if the market is disrupted. We will continue with this scenario-based approach in 2020.

The basis for your pension accrual! The contribution for 2020 has been fixed. As 2020 is the last year of the five-year period of the current contribution agreement, the Board has also started to prepare the contribution agreement for 2021 and beyond. This contribution agreement is important for your pension accrual. Together with our social partners, we will continue to work on it this year.

Continuing to work on respect for people and the environment The fund has tightened up the current Environment, Social and Governance (ESG) policy, turning it into a long-term plan. This is a valuable development. The plan has clear objectives, concrete short-term actions, and a dot on the horizon to work towards. The first results have already been achieved in 2020.

Working on an agile and resilient fund An agreement on a new pension system was reached a year ago in principle. Since then, various working groups have been fleshing this out. The pension agreement is now an important step further. Meanwhile, we are working hard on the fund’s agility and resilience.