About us
We are the pension fund for IBM and Kyndryl
SPIN manages the pensions of some 13,000 (former) employees of IBM and Kyndryl. To this end, we manage assets of over 4.5 billion euros. This makes us one of the medium-sized pension funds in the Netherlands.
Regulations and details
Here you will find all regulations documents and the like.
Fund Documents
What agreements have IBM, Kyndryl and us made about administering the pension plans? You can read about it in the administration agreements and related addenda.
Key figures and annual report
Here you will find our financial data as at 31 December 2024 (amounts in millions of euros), as published in our SPIN Anual Report 2024. The summary of the SPIN 2024 annual report is also available.
Your money in good hands with our investment policy
Retirement is about the opportunities and resources you will soon have after retirement. We are committed to that every day. We have some 4.5 billion euros of pension money under management and strive to invest the money entrusted to us in a sustainable way.
Board
SPIN is governed by the General Board. This board is ultimately responsible for policy, accountability and implementation. There are supervisory and executive members. Both have extensive contact among themselves about the fund’s activities.
VO
The SPIN Board accounts for its policies and their implementation each year. The board does so to the Accountability Committee. This includes pension plan participants, people receiving pensions and representatives from the employer.
Working at SPIN
Looking for a fun challenging job in the complex and dynamic world of pensions, check out our job openings.
What’s On?
You can find the magazine What’s On, which arrives on your doormat twice a year, here.
We manage, administer and invest the following types of pensions for our participants:
- Defined Benefit Pension (DB): in this, (former) employees build up pension rights in a career average earnings scheme. We try to allow this pension to partially increase with inflation each year.
- Defined Contribution (DC) pension: in this, (former) employees build up an individual pension capital with which they purchase their own pension from an insurer upon retirement.
- Survivor’s pension: we make sure that if an IBM employee dies during employment, there is a pension for his or her family.
- Disability: we regulate the accrual and payment of supplementary pensions of the disabled.
We pursue a solid, well-considered investment policy. We are mindful of the environment, people and social issues. We work in a careful manner; risk management is our first priority.
In addition to management and execution, we stay well abreast of new developments, conduct research, attend professional education and training, and make use of our extensive network in the pension industry. This keeps our knowledge and expertise up to date and enables us to respond to the many challenges we face.