Terry Troost News Today

ABP, the largest pension fund in the Netherlands, is calling on politicians to stop tinkering with the pension law for the major reform of the pension system. Board chairman Harmen van Wijnen states that politicians engaging in a renewed discussion about the law in the months after the election are causing unrest.

Dutch pension fund Pensioenfonds Metaal & Techniek said it is shifting its administration to PGGM away from MN in an effort to cut costs.

By Tjibbe Hoekstra2021-01-22T10:08:00+00:00 The Netherlands’ largest pension fund ABP has called for a change in the way pension schemes’ funding ratios are being calculated in order to prevent having to cut pensions in the run-up to the transition to a new defined contribution (DC)-based pension system. The president of the €493bn civil service scheme’s board of trustees, Corien Wortmann, said she wants the actuarial interest rate that is being used to calculate pension liabilities t...