ABP to raise pensions by 0.45%

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NETHERLANDS - Stichting Pensioenfonds ABP will increase Dutch civil servants' pensions by 0.45% in 2010 to partially reflect the average growth in wages in the government and education sectors.

The pension fund will also adjust the contribution for old age and dependants' pension to 20.3%. The contribution was 20% in the first half of 2009 and 21% for the remainder of the year. In a st...

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