NETHERLANDS - The e191bn Dutch Stichting Pensioenfonds (ABP) has inched closer to its ambition of full indexation, revealing an improved coverage ratio, the ratio between accrued capital and the pensions to be paid out, of more than 130%.
At its 2005 annual report release, the pension fund for the Dutch government and education sectors said the growth in its coverage ratio was due to an increase in the long term interest rate and re...
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