MySPIN

Accountability Body

Accountability Body

The SPIN Board accounts for its policies and their implementation each year. The board does so to the Accountability Committee. This includes people who accrue or receive pensions and representatives from employers.

The Board of SPIN asks the Accountability Committee to give an opinion on matters such as:

  • The board’s actions based on the annual report, financial statements and other information
  • The policies implemented by the board
  • The policy choices for the future‍
  • The choices that affect implementation costs

The Accountability Body can also give advance advice on issues such as:

  • Entering into, amending or terminating an implementation agreement
  • Compensation Policy
  • Form and design of internal supervision
  • Internal complaint and dispute procedure
  • Communication and information policy
  • Full or partial transfer of obligations
  • Liquidation, merger or division

Members VO

On behalf of the workers:
  • Menno Wilcke (Kyndryl)
  • Theo Hendriks (IBM)
On behalf of the pensioners:
  • Gabrielle Theunissen
  • Theo Guinau
  • Jaap Troost
  • Menno Vreeken
  • Jos Traudes
  • Rudolf Dekker
On behalf of employers:
  • Simone van Brug (Kyndryl)
  • Bella Krisifoe (IBM)
  • Koen Koolaard (IBM)
  • Vacancy

Elections Accountability Board

The SPIN board is accountable to the Accountability Body (VO) for the policy pursued and the balanced consideration of interests. The VO has a number of advisory rights . The VO evaluates the board and looks at the affairs of SPIN. Thus, as a participant, you have influence on what happens.

There will be another election in 2027.

The VO consists of 12 members in the following distribution:

  • 1 representative elected by the employees of IBM
  • 1 representative elected by the employees of Kyndryl
  • 6 representatives elected by the pensioners
  • 3 members appointed by IBM
  • 1 member appointed by Kyndryl

Together they stand up for everyone who has an interest in SPIN.

Why Important

Pension is an important employment benefit. It is your income for later when you are no longer working. Your pension is administered by SPIN, the pension fund of IBM and Kyndryl. SPIN is co-managed by representatives of employees, pensioners and employers. They take the decisions and make the policies. The SPIN board is accountable to the Accountability Body.

We would like the VO to continue to reflect everyone who has a stake in SPIN; employees, employer and pensioners.

Other working groups

There are a number of committees and focus groups within the current Accountability Body that deal with various sub-areas of pension matter. We now have the following committees:

‍ Asset management and investment policy including investment risk

‍ Assessing how the board sets policy and weighs investment risk, balancing the interests of all stakeholders. Members: Theo Hendriks (chairman), Jaap Troost, Menno Wilcke, Koen Koolaard and Rudolf Dekker.

‍Internal Supervision and Governance

‍This refers to the supervision exercised by the board on how SPIN performs its tasks. What is important here is whether the interests of all stakeholders have been sufficiently monitored. Members: Jos Traudes (chairman), Theo Guinau and Rudolf Dekker.

‍Risk management excluding investment risk

‍This refers to the management of all risks that SPIN faces in the performance of its duties, excluding investment risk. Members: Menno Vreeken (chairman), Jos Traudes and Jaap Troost.

Future Pensions Act

‍The purpose of this committee is to be aware of changes due to the Future of Pensions Act. To then be able to judge how the board handles and implements the consequences on organization and regulations. Members: Menno Vreeken (chair) Gabrielle Theunissen, Jaap Troost, Jos Traudes and Koen Koolaard.

‍Communication

‍This is SPIN’s communication policy for employees, former employees and pensioners. Members: Bella Krisifoe (chair), Gabrielle Theunissen, Jos Traudes, Simone van Brug and Theo Guinau.

‍Education VO

‍This committee shall ensure that sufficient and relevant knowledge is and remains available to perform their duties. Members: Menno Vreeken (chairman), Bella Krisifoe and Theo Guinau.