Dutch pension sector’s funding ratio improves
In the second quarter of 2024, Dutch pension funds saw their funding ratios improve relative to the previous quarter, as the decline in the value of their investments was less pronounced than the decline in the value of liabilities. Total investments decreased by €14 billion to €1,585 billion, while aggregate liabilities decreased by €42 billion to €1,328 billion. The funding ratio reflects a pension fund’s current financial position, expressing the ratio between investments and liabilities.
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Average funding ratio of Dutch pension funds at 119.3%
The Dutch pension sector’s average funding ratio came to 119.3%. This represents a 2.6 percentage point increase from the previous quarter (see Figure 1). This puts it above the figure for a year ago, which was 118.2%.
The policy funding ratio came to 118.5%
This represents a 0.3 percentage point increase from the previous quarter. The policy funding ratio is the average of the funding ratios for the past twelve months. It increased because the average funding ratio in the second quarter of 2024 was higher than that in the corresponding quarter of 2023.
Further information
We used the following statistics to compile this news release: