€ 1,480 million pension from Holland Casino employees to Stap

€ 1,480 million pension from Holland Casino employees to Stap 1

The employees of the Holland Casino built up their pension at the Holland Casino Pension Circle until recently. This Holland Casino pension circle has its own stakeholder body, so that control over the premium, allowance and investment policy remains guaranteed, it was announced on 4 July 2017.

Step out of pension fund

The Aegon subsidiary Stap was the first general pension fund in the Netherlands. They took over the pension fund from the Dutch branch of Eastman Chemical in 2016, after which they were the first General Pension Fund to receive a license from the DNB regulator. The Holland Casino pension fund has now opted for a switch. At the beginning of July they transferred the pension entitlements and pension rights to Stap General Pension Fund. General pension fund Stap claims to meet the modern pension wishes of employees and employers whereby they put participants first.

€ 1,480 million

More than 9000 participants are accommodated in their own pension circle. This pension circle is called Pensioenkring Holland Casino. In total, invested capital of € 1,480 million will be transferred to Stap Algemeen Pensioenfonds. The pension scheme that currently applies to the employees of the Holland Casino will be continued from the Holland Casino Pension Circle. Around 3,500 employees now accrue pension under this scheme.

Stap also manages multi-client pension circles. Several customers have accommodated their pension scheme in this. Stap is an independent foundation established by pension provider TKP and insurer Aegon.

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