Many pension funds have not increased pensions for years. Their financial situation did not allow this. This frightened retirees in particular, who saw their expenses rise, but their income did not increase.
Last year and early this year, many pensions were increased again for the first time in a long time. In many cases there will be a new increase next year. For example, the PFZW Healthcare Fund and the ABP Civil Servants Fund decided on an increase, which will also take effect immediately on January 1. In PMT this only happens after the quarter.
Another large fund, bpfBOUW, is not increasing its pensions. Inflation is seen between September last year and the same month this year. According to Statistics Netherlands, average prices did not increase during that period.