What is the Uniform Calculation Methodology?

To estimate what your pension capital can yield in terms of expected pension, De Nederlandsche Bank (DNB) calculates how the economy will develop over time. DNB uses 2,000 scenarios for this purpose. We call this the Uniform Calculation Methodology (UCM).

DNB takes into account the development of equity returns, interest rate developments and price increases. DNB provides these calculations. We call this the Uniform Calculation Methodology (UCM). All pension administrators in the Netherlands have been working with this since 1 October 2019.

Why do we use this calculation method?

The use of the calculation method has been mandatory for the expected pension amount on mijnpensioenoverzicht.nl and the Uniform Pension Overview (UPO) since 2019. We also use this calculation method on your personal pension page. This way the amounts match.

DNB publishes the calculations at the beginning of each quarter. We then process them and recalculate your expected pension.

Adjustments in May 2024

In April 2024, DNB again published new data. We have used this information to recalculate your expected pension. DNB expects a lower return on equities and a sharp fall in interest rates in the near future (1 year before your retirement date). You can see your expected pension on your personal pension page.

The impact of this new data from DNB on your expected pension varies from person to person and situation. This depends, for example, on your investment risk and how many years you have left on your pension.

Please note that this relates to your expected pension benefits. Your accrued pension capital has not been adjusted due to the DNB data update.

View your expected pension benefits

You can see your expected pension benefits on your personal pension page. You can also find more information about the calculations there. To do this, click on the question mark icon to the right of your pension indication. Use your indication to estimate whether you will have enough income later. Our income planner can help you with this.

Are you about to retire?

If you are about to retire, you will use your accrued pension capital to purchase a pension.

The calculation of your expected pension on your personal pension page is never completely current. This is because DNB produces new data every quarter. Do you already want an up-to-date calculation of the pension that you can currently purchase? If so, run a simulation at befrank-pensioenuitkering.nl. Then you will immediately know how much pension you can currently receive.