Accrued pensions of Stichting Pensioenfonds Ecolab with buy-out to a.s.r.

Stichting Pensioenfonds Ecolab has over 600 participants and invested pension assets of circa € 145 million. Through this transaction, all participants will receive a lifelong guaranteed pension that will be increased once and subsequently indexed annually.

Willem van den Berg, COO Life a.s.r.: ‘The sustainable character of Ecolab fits perfectly with our mission at a.s.r. to provide responsible and future-oriented insurance. We are therefore proud to realise this buy-out for Ecolab and to jointly contribute to a solid and sustainable pension solution for the employees and former employees of Ecolab.’

Ronald Hagoort, chair of Stichting Pensioenfonds Ecolab: ‘With the intended transfer of our pensions to a.s.r., we have been able to convert the current favourable financial position of our pension fund into a pension with a solid and sustainable insurer. Our participants will receive the certainty of a pension that is increased once by a catch-up supplement and subsequently fully indexed annually based on the European harmonised price index excluding tobacco. The board is very satisfied that we have secured this outcome for our participants and looks forward to a smooth and flexible transition to a.s.r.’

Stichting Pensioenfonds Ecolab has already informed its participants of this decision. The transaction is expected to be completed in Q4 2026.