17 April 2018

DNB takes a position on purchasing factors for VPL

DNB has published a Q&A about the funding of VPL-conditional pensions. This refers to the agreements between employers and employees to compensate for the abolishment of early retirement and pre-pension. DNB aims to prevent pension funds from funding the VPL-conditional pension with the pension assets. The conversion of VPL entitlements into pension rights should take place in a coverage rate-neutral manner, and should not lead to the deterioration of the coverage ratio. DNB bases its position on a recent change to regulation.

This article is only available in Dutch, click here to read it.