a.s.r. has completed a pension buyout with Stichting Pensioenfonds Ecolab.
The decision by Stichting Pensioenfonds Ecolab and the transfer of the obligations to a.s.r. are subject to the declaration of no objection from the Dutch Central Bank (DNB).
Stichting Pensioenfonds Ecolab has over 600 participants and invested pension assets of circa €145m. 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 at a.s.r., said: “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.’
The transaction is expected to be completed in Q4 2026.
