Improved financial position continues into third quarter. "Failure to raise pensions in the coming years can no longer be explained."

Highlights:

• Policy coverage ratio ABP (104.7%) above minimum required level 

• Pensions very probably not raised or lowered in 2019

• Return on investments third quarter +1.1% (+€4.7 billion)

Heerlen/Amsterdam, October 18, 2018. ABP’s financial position improved again in the third quarter of 2018. In this quarter, at 104.7% the policy coverage ratio, important for raising and lowering pensions, has risen above the minimum required level for the first time since the end of 2014. Based on the current financial position, ABP cannot raise pensions in 2019. The probability of them being lowered next year is almost zero. 

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