"A variable benefit also carries risks. If the returns are disappointing, you can not share the risks with the total fund population, as is the case when you purchase a fixed benefit from the funds’ collective. Ortec Finance’s calculations show that a variable retirement benefit is less stable than a fixed benefit from a fund. The variable retirement benefit is expected to result in slightly higher pensions (based on the same investment mix and the current financial position of the fund), but the odds of those varying considerably from year to year are also a lot higher. The results are in line with what we and the sector expected. Now we are investigating how to implement a variable retirement benefit. The DSM net pension scheme applies to all Dutch DSM employees with an income of over a hundred grand. Those do not run into the thousands, so we are now investigating if it is feasible to implement this ourselves. If not, then the law indicates that a participant may choose to purchase a variable retirement benefit from a third party.”