Future-proofing of supplements
The amount of the supplement is determined annually by the board and depends on the financial position of the fund. There is no right to a supplement and no reserve is maintained for this purpose. A supplement can only be granted if it is future-proof. This means that the financial position of the pension fund is such that it can be expected that the indexation percentage to be granted will also be paid in the future. With a policy coverage ratio lower than 110% no supplement is granted.
How do we calculate the supplement?
If the policy coverage ratio is above 110%, the law allows a pension fund to grant a supplement. Full indexation is only permitted by law from the threshold for future-proof indexation (TBI).
| Funding ratio | Supplement |
| <110% | No supplement |
| 110% - TBI | Partial supplement |
| >TBI | Full supplement |
If the policy coverage ratio is between 110% and the TBI, the degree of supplementation is actuarially calculated, and then multiplied by the measure. For pensioners and former members, the price index is used as the yardstick.
Although the fund's financial position would allow partial indexation (at the end of November 2023, the policy coverage ratio was 122.7%), consumer prices did not increase but actually decreased by almost 2% in the period between October 2022 and October 2023. As a result, there is no possibility of increasing pensions in 2024.