Funding ratio May 2023
In the past month, the (current) funding ratio remained at the same level: 117.0%. The return on investments was positive. As of the end of May, the interest rate has increased slightly which resulted in a slight decrease in provisions. The effects of the return on investments and the rise in interest rates are both minor in May. The rounded funding ratio remains at the same level. Provisions refer to the money that the pension fund must reserve to be able to pay all future pensions.
The actual funding ratio as of May, 2023 is 117,0%
The actual funding ratio is the monthly funding ratio. This ratio may show considerable fluctuations and immediately reflects consequences of financial developments.
The policy funding ratio as of May, 2023 is 120,1%
The policy funding ratio is the average of the last 12 actual funding ratios. The policy funding ratio is the most important funding ratio. Policy decisions on indexation and curtailment of your pension are based on this funding ratio. By using an average, this funding ratio shows less fluctuations than the actual funding ratio.