On June 15, Lumera will attend Pensioen Pro Annual Conference & Awards at Felix Meritis in Amsterdam, to present how to manage a smooth transition to the new pension contract using the Digital Twin strategy, which entails a parallel operation where the old and the new schemes can run side by side.
The road to DC – transition to a new pension
The new pension law in the Netherlands, Wet toekomst pensioenen (WTP), is now a fact. In the coming months, it will be up to the pension funds to inform all their pension participants of the steps they are now going to take and how they want to transfer the old pension rights to the new system - a process that will take years. Central to the many questions remaining are also the themes of risk management and accountability.
There is now a clear need to reduce the uncertainty under which decisions have to be made. How will the sector get the job done?
Breakout session, June 15 at 14.20-14.50
“Digital Twin – innovation for a manageable transition”
Jeroen Elbertse, Managing Director Lumera Netherlands, will present how to manage a smooth and controlled transition to the new pension contract using the Digital Twin – a parallel operation where the old and the new schemes can run side by side in a secure test environment. This stepwise introduction of the new contract provides a realistic view of how the new pension scheme will perform at full scale, making the transition more manageable while reducing risk as well as cost.
For more information about the Digital Twin and how to conduct a controlled transition from DB to DC pension schemes, click here.
For more information about the Pensioen Pro Annual Conference & Awards and registration, click here.