Indexation former employees and pensioners

It is Forward's goal to increase the pension of former employees and pensioners every year. Our target is a yearly indexation (as of 1 January) that equals the increase of prices in the Netherlands (CPI derived). This is possible only if Forward has enough money for this; the coverage ratio (‘dekkingsgraad’) must be high enough. If there is not enough money, we cannot increase your pension.

Your accrued pension can even be reduced. The Board may decide to do so when our coverage ratio is too low according to the Dutch Pension Act, and a short-term recovery is not likely to take place.

Forward was established on 1 April 2015. Forward has since increased pensions as follows:

1 January of the year	Indexation	Target (CPI derived)
2025	2.58% - 1.98% (= correction 2024)	2.58%
2024	0.00%	-1.98%
2023	13.04%	16.93%
2022	2.10%	3.28%
2021	0.16%	1.12%
2020	1.73%	1.73%
2019	1.68%	1.68%
2018	1.34%	1.34%
2017	0.36%	0.36%
2016	0.44%	0.44%