ABP Approves New Pension System | Amsterdam News

ABP, the Netherlands’ largest pension fund and one of the top five globally, has received final approval from the central bank to switch to a new, more flexible pension system kicking in January 1st. With a strong funding ratio of 126.6%, ABP is well-positioned for the transition, following in the footsteps of other major Dutch funds like PFZW and PMT, which have already seen positive outcomes. This move promises greater stability and potentially higher payouts for millions of retirees, marking a major milestone after years of preparation. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e4200d2efaba8612