The funds have benefited from the rising interest rates and a higher return of investments.
The coverage of PMT came in december from around 97 percent and that is higher than the 91,4 percent of the fund at least had to meet, reports the NOS on Friday.
When PME was the indicator of “well above the lower limit of the 90 percent” off, leave the fund on the own website. The coverage is on a “safe” level is reached. Also when PFZW, the situation is so improved that trimming is not necessary.
Ambtenarenfonds ABP will still have to wait for the final numbers and late next week to know if there is a cut needs to be. The pension fund for the construction (bpfBOUW) had in november of beleidsdekkingsgraad of 105,2 percent and not see that this fund measures need to take.
The funding ratio is the ratio between the assets and liabilities of pension funds. The percentage shows the extent to which a fund is able to now and in the future to pay pensions. The beleidsdekkingsgraad is the average of the ratios of the last twelve months.
Not afraid
“People who join PMT participant, need not be afraid that next year reduced is going to be”, says chairman Jan Berghuis of the PMT.
“at the End of January we know for sure, but I have good hope that a reduction in the coming year will prove to be”, wrote director Peter Borgdorff of PFZW at the end of last week.
Problems
mountain house stressed that the problems are not over
yet. “About two months, we can again be in the same waters as two months ago, and then there must a cut be in 2018.”
“We’re not there yet. By the low interest rates and rising life expectancy, there is a lot of extra money be set aside for the pensions, now and in the future,” adds chairman Eric Uijen of PME. PME is currently still in a recovery period. “Also in coming years, it remains therefore exciting,” says Uijen.
Normally, pension funds need a funding ratio of more than 104 percent. Funds with a funding shortfall must have a recovery plan prepare and comply with a so-called lower critical limit. Where the border exactly is, differs per fund.
Critical point
If the pension funds on 31 december with their funding ratio is under the critical threshold of stitches, should the funds on the pensions shorten. A reduction has consequences for people who are already retired, as well as for participants who still accrue pension.
The other pension funds make the beginning of 2017 their funding requirements from december is known. Then it is clear whether these funds next year have to take measures.
By: NU.nl

