Yara Nederland Pension Fund chooses Zwitserleven
Since 2000, the Yara Netherlands Pension Fund has been responsible for managing the pensions of employees at Yara Nederland, a producer of premium fertilizers. The fund was faced with an important decision: how can we ensure future security for our members? Following a careful process and after intensive communication with the members, the board decided on a buyout with Zwitserleven.
The solution
As of November 1, 2025, all pension entitlements and rights of approximately 2,000 members have been transferred to Zwitserleven. This involves an invested capital of approximately 650 million euros. Members now receive a lifelong guaranteed pension, including (almost full) annual indexation based on European inflation. Additionally, part of the accrued indexation shortfall was addressed at the start of the insurance. This ensures financial stability and transparency.
Why was Zwitserleven chosen?
Peter Vlaeminck, chairman of the Yara Nederland Pension Fund: “Following a thorough process, the board opted for a transfer to Zwitserleven, which we believe offers the best solution for our members. In making this decision, we considered not only the potential for indexation but also factors such as communication, service quality, and sustainability. Entrusting the pensions to Zwitserleven provides our members with the clearest assurance of a secure and guaranteed pension."
The process
Following a declaration of no objection from De Nederlandsche Bank (DNB, the Dutch Central Bank) and under the guidance of WTW, the transfer went smoothly. The pension fund has since ceased to exist, but the security for members remains guaranteed.
Our vision
At Zwitserleven, we believe in a worry-free future. That’s why we combine financial security with sustainable choices. This buyout aligns with Athora Netherlands’ ambition to further grow pension solutions through Zwitserleven.
In addition to buyouts, we also offer DC schemes for the accumulation phase and immediate pensions and annuities for the decumulation phase.
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.