What if there is a shortfall?

reglement

Unilever will not transfer an additional contribution in case of a shortage. A shortage means Forward will have to lower your accrued pension. We will only do this in the most extreme case.

It may happen that despite all precautions, Forward still lacks the funds to be able to pay pensions in the long term. In that case something must be done. As a pension provider, it is our task to consider as carefully as possible what the best solution will be. As a last resort, Forward can decide to reduce your accrued pension or your accrued pension benefit. A recovery plan came into effect at Forward in 2020. According to this plan, Forward does not have to lower pensions.

If you want to know exactly when Forward must implement such a reduction, please read the Uitvoeringsovereenkomst (Administration Agreement, only available in Dutch).
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