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KM Financial Solutions | Coverage ratio at big Dutch pension funds falls below 90%, cuts loom
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Coverage ratio at big Dutch pension funds falls below 90%, cuts loom

15 Sep Coverage ratio at big Dutch pension funds falls below 90%, cuts loom

Posted at 12:02h in News by
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Several Dutch pension funds,
including the biggest, ABP, which oversees 464 billion euros in
assets, reported on Monday their coverage ratio fell below 90%
for the first time in August, meaning pensions will be cut for
millions of retirees in 2020 unless there is a rule change.

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