Vereniging van Bedrijfstakpensioenfondsen

11-Sep-2009    Industry-wide pension funds have joined the Association of Industry-wide Pension Funds (Vereniging van Bedrijfstakpensioenfondsen, VB). As such, VB represents the pension interests of 4.9 million employees, or three-quarters of Dutch workers with a collective pension scheme.

In addition, 8 million deferred participants are insured through VB’s members. The 78 associated industry-wide pension funds pay pension benefits to at least 2.1 million pensioners. No less than 350,000 employers are affiliated with VB. Among them are not only listed multinational companies, but also many small and medium-sized businesses. Their combined assets under management total approximately € 500 billion (at the end of 2007). By comparison, the entire Dutch GDP is € 528 billion (at the end of 2006). The yearly sum of pension contributions totals € 25 billion.  

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