Nedlloyd Pension Fund secures the future of its pensions with Zwitserleven
In 2025, Stichting Nedlloyd Pensioenfonds (NPF) chose a buyout with Zwitserleven. The fund managed pensions for about 8,200 members and had approximately 1 billion euros in assets under management.
As a closed fund with no premium contributions since 2020, NPF was tasked with ensuring sustainable security for the future. This security has now been fully transferred to Zwitserleven through the buyout.
The solution
Following a declaration of no-objection from the Dutch Central Bank (DNB), all pension obligations of NPF were transferred to Zwitserleven in April 2025. Starting in 2026, participants will receive a fixed annual indexation of 3% for a period of four years.
Subsequently, an annual increase of around 1.3% is anticipated. This step has partially addressed the catch-up indexation, thereby enhancing the purchasing power of members. Over time, the fund will be dissolved.
Why was Zwitserleven chosen?
Jacco Heemskerk, Chairman of the Nedlloyd Pension Fund, explains why Zwitserleven was selected as the new pension provider: “After a thorough process, we opted to transfer to Zwitserleven. The board is confident that Zwitserleven offers the best solution for both inactive members and pensioners. It ensures certainty regarding payouts, while purchasing power will improve through the partial realization of catch-up indexation and a fixed annual indexation. Zwitserleven also submitted the most favorable proposal for taking over all our investments. Additionally, factors such as communication, service quality, and sustainability were key considerations in our decision. Entrusting the pensions to Zwitserleven provides our members with the security of a reliable pension from a financially robust insurer.”
A confident buyout
Zwitserleven provides participants with sustainable guarantees and clear options for the future. The buyout of the Nedlloyd Pension Fund fits perfectly with our ambition to support pension funds through robust and future-proof solutions.
Would you like to learn how a buyout by Zwitserleven could benefit your fund? Don’t hesitate to reach out to us for a no-obligation discussion.
Would you like to explore the possibilities?
Every buyout starts with an exploration. Sometimes it confirms that a buyout is suitable. Sometimes it does not. Both outcomes are valuable.
We’d love to explore this with you.