Pensions slightly up
For example, ABP recorded a loss of € 44 billion on its investments in the second quarter, but this was more than offset by interest, according to reports from the largest pension fund in the Netherlands.
For this reason and because of more relaxed indexation rules, the fund recently announced that the pensions will be increased. From 1 July, retirees will receive an extra 2.39%. Other funds have already decided to pick it up.
Rapidly rising inflation
From this date, a surcharge of 1.29% will be added to the PME. It is the first increase in pensions in the PME since 2008. According to fund chairman Eric Uijen, this is a small increase and put on a hot plate For retirees who feel that inflation in their wallets is rising rapidly every day.
At the end of the year, the funds will review whether indexation is possible. “We hope it doesn’t stop here, but neither interest rates nor equity markets are predictable,” says Uijen. “The housing market developments, the war in Ukraine and the stimulus of a bearish crown could slow the work down.”
Source: RTL
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