Over half of Dutch workers have now transferred to the country’s new pension system, following the transition of several large schemes on 1 January, according to the Dutch Federation of Pension Funds (Pensioenfederatie).

As of 1 January 2026, 24 pension funds have transitioned to the new system, bringing the total number of pension funds that have made the switch to 30.

Pensioenfederatie chair, Ger Jaarsma, said this was “good news”.

“Under the new system, their pensions can be increased more quickly if the economy is doing well. At the same time, any setbacks for pensioners can be cushioned in times of economic hardship,” he explained.

He added that those in the industry, such as pension funds and administrators, have worked “extremely hard” to ensure a smooth and careful transition for millions of workers and pensioners.

“This work will continue in the coming months, including, of course, for pension funds that will make the transition at a later date. To date, this major operation has proceeded without any major problems. And that is a significant achievement,” he said.

Indeed, Dutch pension administrator PGGM revealed that it transferred all of its clients to the new pension system on 1 January, while the Occupational Pension Fund for Veterinarians (SPD) and Shell Nederland Pensioenfonds Stichting (SNPS) also announced that they had made the switch.

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