The year 2024 was mainly characterised by stability and movement, the theme of our 2024 annual report. It was quite an eventful year during which we also focused on stability in the pensions of all our current and former participants and pensioners. You can read more about it in the 2024 annual report.

The annual report consists of 4 sections: the Fund characteristics, the Board’s report, the regulators’ opinion and the financial statements.

The annual report looks at the developments in 2024. Would you prefer to take a look and not read everything? Then consider the following (in Dutch):

• Foreword by Nancy Westerlaken, Chair of the Board of TNO Pension Fund (page 4)
• Multi-year overview with pension dashboard (pages 10 and 12)
• Annual plan 2024: containing the strategic key points and administrative priority (page 20)
• Risk management: what are the risks of TNO Pension Fund and how do we deal with them? (page 54)
• Sustainability: the 2024 results (page 76)
• Update on developments new pension system (page 88)
• Notes to the statement of income and expenditure (page 131)
• Annex 4: participant base development (page 181)
• Annex 6: all of the environmental and/or social features of the pension scheme (page 198)

What’s handy to know at any rate: Appendix 2 contains a glossary of terms. So if you come across a term you don’t know, you’ll find an explanation there.

The 2024 Annual Report (in Dutch) can be found under ‘Annual Report’ on the Documents page or open the 2024 Annual Report.

Annual Report Special Edition
The Annual Report Special Edition of our magazine, Life & Pension, will also be released soon. In that issue, we will reflect on the highlights of 2024. So be sure to keep an eye on the news or your mailbox.