Pension fund ABP, says that the funding ratio as at 31 January 94,1 per cent. That is 3.7 percentage points lower than the coverage ratio at the end of december. The decrease is due to a combination of persistently low interest rates, and the shock effect on the stock market due to the corona virus to 2019-nCoV, according to a spokesperson Jos van Dijk.
“The stock markets have made it difficult to find your way through uncertainty,” she says. Or, due to the continuing spread of the virus and concerns about its coverage on February, will continue to fall, afraid Of the Dyke to say. “It is also going to be a one-off shock effect.”
with The threat of a critical funding ratio of 90 percent can be achieved, however, it is not out of the blue. That is true regardless of the coronazorgen. When you reach this level, the pension fund must be forced to take additional measures to ensure that the financial position for the next ten years to restore it. That will mean a cutback at the end.
“That’s critical funding ratio, it is quite a sight,” says Van Dijk. At the end of the year, we will need to adjust the balance, in order to see how the pension should be reduced or not, and that chance is very, very real. If the interest rate goes down, and the markets are sitting at, it will likely only get worse.”
