Pensioenfonds PostNL's policy funding ratio rises to 115.5%

Pensioenfonds PostNL’s policy funding ratio increased to 115.5 per cent in August, rising from 114.1 per cent as higher interest rates had a positive effect.

While the policy funding ratio examines the average funding ratio over the last 12 months period, the pension fund’s current funding ratio increased to 122.3 per cent in August.

According to the fund’s website, anyone receiving payment from the scheme could see their payments partially increased increased if the ratio remains between 110 per cent and 122 per cent until the end of the year.

However, the current funding ratio has been generally falling over the summer months, having stood at 122.7 per cent in June, above the level required for firm increases in pension income, making the increase in current funding ratio represent something of a recovery.

A statement from Pensioenfonds PostNL said: “The board regularly discusses developments in the markets and in the investment portfolio with the investment advisers.

"This ensures proper monitoring of whether and when additional measures may be required. No additional measures are required at this time. The pension fund also has a crisis plan that provides guidance.”

    Share Story:

Recent Stories


Podcast - The power of three: Using Common Contractual Funds to improve tax outcomes for investors
Large asset owners are still investing in equities in a way where they are taxed on their income. The implication is that they get a poorer return. They need to, and can, improve this, but how?

In this podcast, AMX Head of Client and Manager Development, Aaron Overy, and AMX Product Tax Specialist, Kevin Duggan, discuss with European Pensions Editor, Natalie Tuck, about three options to help ensure good withholding tax outcomes for institutional investors.

How the US’s robust securities law can benefit European investors
Over recent years several financial scandals have shocked investors, such as the Danske Bank money laundering case. When a scandal like this occurs, investor returns suffer, which is why many seek redress. Many European investors seek to recover assets lost as a result of securities fraud through U.S. courts, with their robust securities laws.

In this podcast, Jeremy Lieberman, Managing Partner at Pomerantz LLP, talks to European Pensions Editor, Natalie Tuck, about how European investors can use U.S. courts to recover assets lost to securities fraud and the challenges facing investors seeking compensation.
Mitigating risk
BNP Paribas Asset Management’s head of pension solutions, Julien Halfon, discusses equity hedging with Laura Blows

Europe’s pensions challenges
Francesca Fabrizi meets Matti Leppälä, Secretary General and CEO of PensionsEurope, to discuss the key aims and objectives of the association today.