Statistical News Release: Dutch pension funds’ financial position improved

Statistical news
Datum 28 juli 2020

In the second quarter of 2020, Dutch pension funds saw their financial position improve relative to the first quarter. As financial markets recovered somewhat from the declines caused by the COVID-19 crisis as seen in the first quarter, the pension funds’ assets went up EUR 106 billion to EUR 1,556 billion. Their liabilities increased EUR 56 billion to EUR 1,674 billion. With the growth in assets outstripping that in liabilities, their financial position improved.

Average funding ratio of Dutch pension funds stood at 92.9%

The pension funds’ average funding ratio came to 92.9% as at 30 June 2020. This represents a 3.3 percentage point increase from 31 March 2020 (see Figure 1). 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 96.8% as at 30 June 2020. This represents a 2.9 percentage point decrease from 31 March 2020 (see Figure 1). The policy funding ratio is the average of the funding ratios for the past twelve months. It fell because the funding ratios in the second quarter of 2020 were lower than those in the corresponding quarter of 2019.

More information We used the following statistics to compile this news release: