Pensioenfonds Horeca & Catering is an industrywide pension fund. The Fund became mandatory for the entire Dutch hospitality and catering industry in 1964. Since 2004 it has been an independent organisation, with employers’ pension scheme accounts under its own management. In 2006 the Fund also took over the accounting records of individual participants. A new pension scheme was subsequently introduced on 1 January 2007, effective up to year-end 2011. And amended compulsory participation rules came into effect a year later, on 1 January 2008.

The organisation’s stated objective is transparent administration of the pension fund at costs in line with the market. All Fund policy is scrutinized in advance on the basis of this objective.


Who owns Pensioenfonds Horeca & Catering?

Pensioenfonds Horeca & Catering is owned by the industry it serves. For that reason it is managed by industry representatives.


Who manages Pensioenfonds Horeca & Catering?

The Pensioenfonds Horeca & Catering governing board is formed jointly by representatives of employer association KHN (Koninklijke Horeca Nederland) and two trade unions: FNV Horecabond and CNV Bedrijvenbond. One of the KHN representatives is nominated by catering industry association VeNeCa (Vereniging Nederlandse Cateringorganisaties). A representative of employer association De Unie attends board meetings.


Who is asked to advise the governing board and to whom is the board accountable for its policy?

The governing board has instituted a board of stakeholders. The members of this board are representatives of the industry. Five represent employers, eight are appointed by Fund participants and two by former participants or current pension beneficiaries. Seats on the board of stakeholders were initially open to anyone volunteering their candidacy.


What is done to monitor whether the pension scheme is properly administered?

The governing board has instituted an audit committee. This committee has the job of internal supervision and monitors the integrity of Pensioenfonds Horeca & Catering.


Who does what, and what costs are involved?

The Fund is a single legal entity. Within that entity it has various duties which are the responsibility of different bodies.
These are:

  • governing board;
  • board of stakeholders;
  • audit committee and;
  • the executive organisation headed by the managing director.

The division of duties and powers per area of activity is set out clearly in a schematic document. You can also check out the duties and powers of the board of stakeholders and the audit committee under their separate headings. The audit committee and board of stakeholders must also comply with their own specific regulations. The duties and powers of management are also formally documented. The principal duties and powers of the governing board are laid down in the articles of association. Members of these bodies all receive a remuneration.


What can the pension fund do for you?

One of the Fund’s key responsibilities is to keep participants, employers and pension beneficiaries informed of pension scheme regulations. Communication with our target groups is the spearhead of our policy for the years ahead. You can always contact us with any question.