Heineken Pension Fund

Fast tracking & tracing at Heineken Pension Fund

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Heineken Pension Fund

Since 1990, Heineken Pension Fund has been using Keylane software. Throughout the years, technology may have changed but the relationship of trust has remained the same. “Once the movements have been properly set up, the Keylane system will process these movements faultlessly, so that we know exactly what the state of affairs is,” said Ton van der Valk, the head of pension accounts.

In the initial years Keylane was already a pioneer in the area of pension software

Careful recording of various movements

Today, over 25 years later, the Keylane system processes all the movements of more than 15,000 members of the Heineken Pension Fund. Ton van der Valk says: “Every detail counts where pensions are concerned. Every movement must be recorded with due care, whether it concerns someone entering employment, redundancy, arriage, divorce, occupational disability or death. Once the movements have been properly set up, the Keylane system will process these movements faultlessly, so that we know exactly what the state of affairs is. And this is the case even if there are as many as a hundred and fifty possible movements.”

Up-to-date

Just like many other pension funds the Heineken Pension Fund keeps a close eye on developments in this area. “For several years we have been barely or not able to index-link the benefits and we monitor the critical limit closely. We also consider it of major importance that our software is up-to-date in this respect. Thanks to Keylane we can quickly deliver the necessary reports to the regulator, the Dutch Central Bank. This makes a difference to the administrative burden.”

For every member there is an electronic file available that we can consult effortlessly

Heineken Pension Fund
Heineken Pension Fund has been benefiting from Keylane’s actuarial knowledge for more than 25 years. This has resulted in a capability that not only provides excellent tracking & tracing of the policy history, but also direct processing of current interest rates and a reduced administrative burden.

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Results and advantages:

  • Excellent tracking & tracing of the policy history
  • Immediate processing of the current interest rates and the associated coverage ratio
  • Quickly prepared for changes in the market thanks to a supplier with sound knowledge of the pension sector
  • Always available as a sparring partner
  • Reduced administrative burden