Policy funding ratio of the five largest pension funds in the Netherlands 2015-2020

This statistic shows the quarterly policy funding ratio of the five largest pension funds in the Netherlands from the first quarter of 2016 to the third quarter of 2020. From January 1st, 2015, the policy funding ratio determines the financial health of Dutch pension funds. The policy funding ratio is the average of the funding ratio of the last 12 months and compares the assets from a pension fund against its liabilities. Should the index reach 100%, the fund is able to pay all the pensions. Should the ratio become too low, funds are forced to cut in their pensions. The policy funding ratio is reported to the Dutch Central Bank (DNB). In the third quarter of 2020, the liabilities of the Dutch pension fund ABP outweighed its assets, leading to a policy funding ratio of 88.7 percent.