‘At least 1.6 million people to pay more this year pension contribution’ – NU.nl

about 30 percent of the contributors to the pension funds this year, with premium increases to make, reports het Financieele Dagblad (FD) Monday on the basis of own research among all industry-wide pension funds.

Of the 54 industry-wide pension funds has a third of the premiums increased. In some cases, the increases of more than 2 percentage points. Virtually no single fund has the premium been reduced substantially.

Many ondernemingsfondsen of specific companies have their premiums were not made public and are therefore not included in the research.

Hit

According to Martijn Vos from consultancy Ortec Finance, employees are now “really touched by the lower interest rates”. Pension funds have a low interest rate, more cash to meet their obligations.

“The last few years you looked at individual funds, however, premium increases, but now you can see for the first time that a lot of funds the premiums go up. That hurts,” says Fox at the newspaper.

Top five

the Pension fund PGB, the premiums increased by 2.5 percentage points increased. Ambtenarenfonds ABP follows with an increase of 2.3 percentage points. Pension fund Retail (2,2 percentage points), PNO Media (2 percentage points) and the fund for employees in the security services (1.6 percentage points) making the top five completely.

PHP emphasised that the pensions due to the lower interest rates, many have become more expensive. In september last

year, covered the pension contributions in accordance with the fund only 75 percent of the cost. The rest is paid from the fund assets. Although the premium for this year considerably higher, which will still not cover operating costs.

Alarming

This problem would be a lot more funds to play with. “Last september, the premiums on average are still not at 70 percent of the cost. That was alarming,” says consultant Wichert Hoekert of Willis Towers Watson. In the last months improved the position of pension funds called light because the interest is slightly increased.

If the funds are not a increasing had chosen, would the premiums still only about 75 percent of the costs. “Now the percentage is higher,” says Hoekert against the FD.

The pension fund of flat Glass (glasgroothandel) has not only the premium will be reduced, but also the structure. The participants pay more for a lower pension. The ABP had previously know the premium up, had to be, because the fund a lower rate of return on investments expected.

By: NU.nl