Updated:
Johnson & Johnson Pension Fund
The Johnson & Johnson Pension Fund operates as the primary vehicle delivering retirement benefits to Johnson & Johnson employees. It supplies statements and...
Johnson & Johnson Pension Fund
The Johnson & Johnson Pension Fund operates as the primary vehicle delivering retirement benefits to Johnson & Johnson employees. It supplies statements and handles pension-related inquiries through its Netherlands-registered platform. The fund deploys capital into listed equities and private markets. Confirmed holdings include a stake in Baillie Gifford Worldwide Global Alpha Fund and limited partnership interests in Thoma Bravo Fund XV, KKR Asian Fund IV, and Clayton Dubilier & Rice Fund XI. Geographic exposure spans the United States and broader global markets through these vehicles. It also maintains an allocation to Lineage Inc. via Baillie Gifford funds. Service providers include Baillie Gifford Overseas Limited as investment manager since 2010 and State Street Bank and Trust Company as custodian. The fund participates in the American-Hellenic Chamber of Commerce. Its structure ties directly to the corporate sponsor with oversight from named trustees and no disclosed external LP program.
General information
Firm type
Pension Fund
Location
Region
Europe
Country
United States
City
New Brunswick
Corporate office
New Brunswick, NJ, United States
Principals
Elias Spirtounias
President
Howard Reid
President and Trustee
Beatrice Diane Hürlimann
Board of Trustees Member
Sector focus
Frequently asked questions
What is the legal structure of the Johnson & Johnson Pension Fund?
It is organized as an OFP (Ondernemingspensioenfonds) registered in the Netherlands. This is a distinct legal form for company pension funds under Dutch law, separate from the US ERISA-qualified plans that Johnson & Johnson would also maintain for its domestic workforce. The OFP structure subjects the fund to Dutch regulatory oversight and the evolving Wet toekomst pensioenen framework.
Who is Elias Spirtounias and what is his role?
Elias Spirtounias is the President of the Johnson & Johnson Pension Fund OFP. He is also associated with the American-Hellenic Chamber of Commerce, suggesting a leadership profile that bridges the fund's European operations and broader business networks. The fund does not publicly list additional C-suite investment officers.
Does the fund disclose its assets under management or investment holdings?
No. The J&J Pension Fund OFP does not publish AUM figures or a detailed portfolio of investment holdings. Its public website is member-service oriented — covering benefit calculations, life-event changes, and regulatory updates — rather than providing investor-relations-style financial reporting.
How is the fund adapting to Dutch pension reform?
The fund is actively guiding members through the transition to the Wet toekomst pensioenen, the Dutch law reshaping the national pension system toward a defined-contribution model. It publishes dedicated updates, hosts roadshows, and has adjusted actuarial factors — including flexibility rules effective July 2026 — as it implements the new framework.
What is the relationship between the J&J Pension Fund OFP and the Johnson & Johnson Foundation?
Howard Reid serves as both President and Trustee of the Johnson & Johnson Foundation and is listed as a business partner to the pension fund. This indicates a governance overlap between the fund's leadership circle and the company's primary philanthropic arm, though the two entities remain legally distinct.
Who administers the fund's operations?
Day-to-day pension administration is outsourced to Achmea Pensioenservices, with a service center in Tilburg, Netherlands. Separate arrangements — the Robeco Flexioen and netto pension schemes — are administered by Centraal Beheer PPI, creating a multi-vendor operational model for different plan components.
Does the fund disclose its investment strategy or asset allocation?
No investment strategy, target allocation, or manager roster is publicly disclosed by the fund itself. The public-facing materials are entirely member-benefit focused. Any investment governance documentation is likely restricted to internal fiduciary reports or filed with Dutch regulators rather than openly published.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on pension funds?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: