mast image

Impact Investing

IPE special report May 2018


Final salary shift

Related Categories

Dutch pension statistics from the pension regulator PVK are now available online – which has revealed the extent of the shift away from final salary arrangements.
The PVK, the Pensioen- & Verzekeringskamer, has put the so-called Pension Monitor online in Excel format. It features all non-financial facts of Dutch pension funds, at current 2004 levels.
According to the monitor, the most important change in 2004 has been the shift from final-salary arrangements to career-average with indexation.
The total amount of active participants retaining a pension based on final-salary has decreased by over 40% (2.3m). Now only 10% of total active participants still have a final-salary plan – down from 50% in 2003.
The overall percentage of average-salary based pension system with indexation has increased from 36.7% to 76.5%. The latter shift has been largely caused by the move of several large corporate pension funds to the new system as of the start of this year.

Have your say

You must sign in to make a comment


Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2436

    Asset class: Real Estate - Core Open-ended Real Estate Equity Fund (non-listed).
    Asset region: Asia Pacific.
    Size: Approx. CHF 70-100m per investment.
    Closing date: 2018-05-25.

  • QN-2438

    Asset class: High Yield Bonds.
    Asset region: US.
    Size: USD 300 million.
    Closing date: 2018-05-25.

  • RE-2441

    Closing date: 2018-05-31.

Begin Your Search Here