Pension funds in better shape after good year for investments
1 week ago

Pension funds in better shape after good year for investments

NL Times  

Dutch pension funds are in better shape than a year ago, research agency Aon has determined. Pensioenfederatie, the organization representing 156 of the country's pension funds, calculated last month that pensions were increasing at roughly four out of five pension funds. The funds also want to retain sufficient buffers for their transition to the renewed pension system. Pensions will indeed fluctuate more with economic conditions, but many funds are creating a reserve to absorb declines as much as possible and can increase pensions if returns are good," he stated.

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History of this topic

Dutch civil service fund to boost pensions 1.84% next year
1 month, 1 week ago

Dutch civil service fund to boost pensions 1.84% next year

Dutch News  

Three of the five big Dutch pension funds are increasing payouts next year but by a much smaller percentage than inflation. ABP chairman Harmen van Wijnen said last week he was “half happy” with the increase but that this was all the fund could do given its financial position. Healthcare pension fund PFZW has said it is freezing pensions next …

First Dutch fund gets green light to switch to new pension system on January 1
1 month, 4 weeks ago

First Dutch fund gets green light to switch to new pension system on January 1

NL Times  

The Beroepspensioenfonds Loodsen is the first pension fund to get the green light from De Nederlandsche Bank to switch to the new pension system on 1 January 2025, the pension fund for pilots announced. In the new system, pension funds’ large pot will be divided into personal pension pots, and the amount in that pot will be more dependent on …

Large pension funds barely increasing pensions next year; No more than 3%
1 year, 2 months ago

Large pension funds barely increasing pensions next year; No more than 3%

NL Times  

Millions of Netherlands residents can kiss hopes for a big pension increase goodbye. Civil servants’ fund ABP, the largest fund in the Netherlands with 3 million members, can increase pensions by a maximum of 3 percent next year. Healthcare fund PFZW’s increase will probably be much less, and bpfBOUW, the pension fund for the construction sector, may not increase pensions …

Dutch pension fund ABP insisting banks do more to tackle climate change
1 year, 11 months ago

Dutch pension fund ABP insisting banks do more to tackle climate change

NL Times  

Banks that claim they are including more green initiatives in their investment portfolios must also demonstrate their commitment, said the Dutch civil servants’ pension fund ABP. That means they need to look "very critically" at their investments in fossil fuels and “maybe move out.” In 2021, ABP decided to sell its investments in fossil fuel companies and projects worth 15 …

Dutch civil service pension fund to increase payouts 12% in 2023
2 years, 1 month ago

Dutch civil service pension fund to increase payouts 12% in 2023

Dutch News  

Civil service pension fund ABP has become the last of the big five funds to announce its payouts for next year – and has opted for an increase of almost 12%. ABP is the biggest pension fund in the Netherlands and one of the biggest in the world with €461 in assets under management at the end of October. ‘If …

Dutch civil service pension fund to increase payouts 12% in 2023
2 years, 1 month ago

Dutch civil service pension fund to increase payouts 12% in 2023

Dutch News  

Civil service pension fund ABP has become the last of the big five funds to announce its payouts for next year – and has opted for an increase of almost 12%. ABP is the biggest pension fund in the Netherlands and one of the biggest in the world with €461 in assets under management at the end of October. ‘If …

Large funds unable to increase pensions this year
2 years, 11 months ago

Large funds unable to increase pensions this year

NL Times  

The largest pension funds in the Netherlands would like to increase pensions but are not yet able to. "At a time when groceries are becoming increasingly expensive, and energy prices are rising rapidly, that is a hard observation," said Joanne Kellermann, chairman of the board of care fund PFZW. The policy funding ratio, the indicator on which funds decide whether …

Large pension funds slowly approaching goal of 100% coverage ratio
4 years, 11 months ago

Large pension funds slowly approaching goal of 100% coverage ratio

NL Times  

The financial position of the Netherlands' large pension funds improved somewhat in the last months of 2019, and all four large funds are now closer to reaching 100 percent coverage ration, according to the funds' annual figures, NOS reports. The funds were actually supposed to reach a 100 percent coverage ratio - for every euro in pension payment, they must …

Pension cuts ahead, large funds warn
5 years, 8 months ago

Pension cuts ahead, large funds warn

NL Times  

Millions of Dutch retirees may soon face a reduction in their pensions, the large pension funds warn in their quarterly reports. To prevent pension cuts, funds must have their so-called policy funding ratio at the required level of over 104 percent. Of the large pension funds, construction sector fund BpfBOUW is the only one that is doing well. Its policy …

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