Several Dutch pension funds have published funding updates for their schemes, which reported mixed results in their policy and current funding ratios.

Pensioenfonds UWV reported a policy coverage ratio of 119.5 per cent in March, unchanged from February, and a current coverage ratio of 118.8 per cent, an increase of 0.3 per cent from the previous month.

Meanwhile, Pensioenfonds Hoogovens' current coverage ratio rose from 126.2 per cent to 128.1 per cent in March.

At the beginning of 2025, its current coverage ratio was 122.2 per cent.

The firm said the 1.9 percentage point increase was due to the discount rate.

However, the value of its invested capital decreased slightly from €10,411m to €10,173m.

At the same time, its policy coverage ratio rose from 124.1 per cent to 124.4 per cent, 20.3 percentage points lower than the coverage ratio for future-proof indexation (TBI).

Pensioenfonds PostNL, meanwhile, reported a policy coverage ratio of 132.5 per cent in March, a slight increase from February's 131.7 per cent.

Despite this increase, the current coverage ratio fell from 131.5 per cent in February to 131.3 per cent in March.

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