Dutch scheme funding hits 100%

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NETHERLANDS - The average funding level of Dutch pension funds has reached 100% due to recent rallies in the international financial markets, data by Mercer Netherlands reveal.

The consultant estimated the funding level is on average 100% at May 7, while it was 95% according to the data at the end of 2008 published by the De Nederlandsche Bank (DNB). Mercer principal D...

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