Pensions for Dutch metal and tech workers set to rise 2.8 percent in January

Pensions for workers in the Dutch metal and technology industry will increase by 2.8 percent starting January 1, 2026, benefiting roughly 170,000 retirees.

The increase marks the fifth consecutive year of pension growth, made possible by the fund’s strong financial position. “At the same time, I realize that inflation has been high in recent years, and that this means daily expenses, such as groceries, have become significantly more expensive for many people,” said Alae Laghrich, chairman of the executive board.

The raise is intended to compensate for inflation between July 2024 and July 2025.

The fund’s coverage ratio, or dekkingsgraad, reached 125.2 percent at the end of October, meaning the fund has 125.20 euros for every 100 euros it must pay in current and future pensions. Eric Uijen, a board member, said last month that pensions could be increased if the ratio stayed at this level.

About 450,000 current and former workers building a pension will see the raise reflected in their statements in February. The contribution rate will remain unchanged.