Thursday, July 19, 2012

Major Pension Funds Lower Payouts

The four leading Dutch pension funds have announced that they will decrease pension payouts in 2013 due to the fall in interest rates. The last one to announce this is the one of workers in the care sector (PFZW). It will also increase the premium for the pensions for those who are currently still working. There is a threat that in 2014, further cuts will be necessary by the four leading funds. The problems that the major funds incur indicate that additional pension funds will face difficulties.

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