Recently, several Dutch companies have changed their pension schemes from traditional defined-benefit towards defined-contribution schemes. Companies state that the introduction of IFRS is the main reason for transforming the pension scheme. We examine the pension schemes of the largest companies listed in The Netherlands. Our results suggest that most Dutch companies have recently changed their defined-benefit scheme from traditional final-pay to an average-pay scheme. Although many companies seem to be considering switching to defined-contribution, only a handful have done so. In contract to the US or UK, Dutch companies seem to prefer collective instead of individual defined-contribution schemes. Our results further indicate that companies with a relatively large pension fund as measured by asset value relative to company market value are the first ones to reduce pension risk by changing their pension scheme from defined-benefit to defined-contribution.