Heerlen/Amsterdam, April 22, 2021. ABP’s current coverage ratio rose by 7% from 93.50 to 100.5% during the first quarter of 2021. The main driver behind the improvement in the fund’s financial position was the rise in the interest rate. This means that the fund need not have as much capital to meet all future pension liabilities. The positive return of 1.0% (+€4.7 billion) also contributed to the improvement in the coverage ratio.
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