The Dutch pension fund for PostNL workers has delayed its switch to the new pension system by three months, from 1 January 2026 to 1 April 2026.

The firm said it had discovered it needed "more time" to transition to the new pension scheme carefully.

The Future Pensions Act (Wtp) came into effect on 1 July 2023, requiring pension funds to transition to the new pension system in the Netherlands by 1 January 2028.

Post NL has reassured members that the delay would have "no direct consequences" except that their pension will be transferred to the new pension scheme later.

Other pension funds, including Stichting Pensioenfonds Medisch Specialisten and Pensioenfonds Snsreaal, said they remained committed to a transition date of 1 January 2026.

Ahead of this transition date, TPK Pensioen has urged schemes to "clean up" special pension forms that do not fit into the new pension scheme.

The firm suggested that inaction would require extra communication and explanation, complex implementation and an administrative burden.

Meanwhile, in February, several Dutch pension funds, including Beroepspensioenfonds Loodsen and APG-managed funds, started making higher payments to 65,000 pensioners under the new system, despite industry concerns over amendments to the Future Pensions Act (Wtp).

The new system allows funds to adjust age-based investments, helping increase pensions.

For older individuals, investments were made cautiously to protect savings, while for younger individuals, investments were riskier but offered higher potential returns over time.

---