Average funding ratio of Dutch pension funds stood at 110.3%
The Dutch pension sector’s average funding ratio came to 110.3% as at 30 September 2021. This represents a 0.9 percentage point increase from 30 June 2021 (see Figure 1). It is now well above the figure for a year ago, which is 95.3%. The funding ratio reflects a pension fund’s current financial position, expressing the ratio between available assets and liabilities.
The policy funding rate came to 104.7% as at 30 September 2021. This represents a 3.6 percentage point increase from 30 June 2021. The policy funding ratio is the average of the funding ratios for the past twelve months. It increased because the funding ratio in the third quarter of 2021 was higher than that in the corresponding quarter of 2020.