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Quarterly report Q2 2025

Press release
24 juli 2025

Heerlen/Amsterdam, 24 July 2025.

  • Current funding ratio rises to 117.5 per cent in Q2
  • Second quarter investment return: 0.3% (€ 1.8 billion)
  • Pension liabilities fall to €444 billion in Q2
  • Policy funding ratio falls to 113.7 per cent in Q2

ABP’s financial position improved in the second quarter of 2025. The current funding ratio rose from 115.6 per cent at the end of March 2025 to 117.5 per cent at the end of June 2025. The increase in interest rates caused the fund’s pension liabilities to fall from € 450 billion to € 444 billion. ABP’s assets rose slightly to € 522 billion.

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