That makes De Nederlandsche Bank (DNB) on Thursday after the regulator’s assessment of the recovery plans of 183 funds.
This means that a vast majority, 180 funds, does not discount measures.
These pension funds can largely eliminate their deficits by making extra profit on their investments. It’s the extra return that comes on top of the return must obtain funds in order to meet their financial obligations.
A lot of damage in pension stems from a too low premium charged. In any case, too low to pay new pensions, according to DNB.
Analysis
What three funds now have to cut precisely, DNB did not bring out. But one of them recently came forward with the ominous news.
The Pension Accounting (PFA) will reduce the accrued pensions significantly. Participants will soon deliver an average of almost 150 pension per year. With the fund, however, are hardly any people who are retired now.
In May, the Central Bank at the request of the Ministry of Social Affairs an analysis of pensions in 2017.
1.8 million people
it DNB concluded that 27 pension funds is expected to make a discount in 2017. That equates to a total of 1.8 million people who get a half percent less pension.
These discounts are not sure. DNB looked at the analysis of the prospects for pension funds for 2017 and thereby took the position of the end of March as a starting point.
The new rules on pension funds may smear any reductions over a period of up to ten years.
Funds should now have enough cash in hand to be able to pay future pensions. This ratio, the coverage ratio, determines whether pensions can rise with the prices (index), or the need to even cut
No comments:
Post a Comment