Minor improvement in ABP position in second quarter
- ABP policy coverage ratio almost at minimum required level
- Pensions most likely to stay at same level in 2019
- Return on investments in second quarter +2.3% (+ €9.2 billion)
Heerlen/Amsterdam, July 19, 2018. The second quarter of 2018 once again showed improvements for ABP. As such, the pension fund has cautiously resumed its rising trend, which had been interrupted in the first quarter. There were slight improvements in the coverage ratio, the return, and assets. At almost 104%, the policy coverage ratio, which is a key factor in increasing or decreasing pensions, is closely approaching the minimum required level. Based on the current financial position, the pensions of ABP participants is likely to remain the same in 2019.
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