Dutch pension premiums rise, while indexation is checked
NETHERLANDS - Dutch pension funds have been forced to increase premiums and reduce indexation levels in order to bolster their financial position, according to the Dutch Association of Industry-wide Pension Funds (VB).
Premium levels at industry-wide funds rose by 17% on an average as at January 1, 2004, while indexation levels were restricted to 1.6% on an average. “Their financial ratios had been pressured by the...
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