ABP Pension Increase 2024: 2.8% Rise Confirmed

by Archynetys Economy Desk

The increase applies to all retirees and everyone who is accruing or has accrued a pension with the fund.

ABP is the pension fund for government and educational employees and has 3.1 million participants.

According to the fund, the pensions will grow fully in line with the price increase of 2.8 percent that the Central Bureau of Statistics (CBS) calculated between September 2024 and September 2025.

“Our participants want a pension where they can live after retirement in the same way as before,” says CEO Harmen van Wijnen. “We have a healthy financial position and sufficient cash in hand to allow pensions to rise fully in line with prices.”

In addition, ABP may make use of flexible government rules, because the pension fund wants to switch to the new pension system on January 1, 2027.

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