Potentially Substantial Pension Increase on the Way at ABP and PME Due to Increased Funding Ratio
8 Articles
8 Articles
Good morning! Pension fund ABP and PME benefited from rising interest rates over the past few months and are therefore in a good financial position. The so-called…
The ABP and PME pension funds are in a good position. In recent months, they benefited from rising interest rates, causing the funding ratio of the civil servants' fund and the fund for the metal and tech industry to rise above 130 percent. This means they have more than enough cash on hand to pay out pensions. Earlier this year, the ABP, the PME, and other pension funds suffered from the war in the Persian Gulf. However, rising interest rates …
PME, the pension fund for the metal and electrical engineering sector, expects to be able to substantially increase pensions next year when the fund transitions to the new pension system. "If the economy and interest rates do not show major fluctuations, our pension-eligible participants can, on average, count on a 12.6 percent increase in their pension in 2027," says PME board member Alae Laghrich in the fund's quarterly report.
Do you receive a pension from ABP and did you read today that pensioners at PME can count on 12.6 percent more? Then you are immediately wondering what that means for you. ABP is not providing a percentage for the time being. The fund's figures are good, however: according to the NOS, the ABP's funding ratio rose, the gr...
Pensioners in the metal industry and at the civil servants' pension fund ABP may be able to count on a substantial pension increase next year. At… Pension increase looms: PME aims for 12.6 percent in 2027
Pension funds ABP and PME are in a better position than a quarter earlier. In economically turbulent times, it is a matter of holding out until January 1st, when the money will be distributed among participants' pension pots.
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