Press releases
Capital growth PME continues
In the first quarter of 2024, PME’s capital increased by €1.5 billion and grows to €56.1 billion. The funding ratio rises from 109.4% to 111.7%. This is the result of a combination of a stable interest rate and a positive return.
Main principles established for new pension system
The Netherlands has new rules for pensions. We expect PME to switch to these new rules on 1 January 2026. Employer and employee organisations in our sector (also called social partners) determine how this will happen.
Investing in defence
PME invests its participants' pension money, because a good pension requires a good return. We also invest in the defence industry. But this is subject to conditions: we do not invest in dubious weapons.
A pension increase and falling interest rates result in a lower coverage ratio
PME has achieved a positive return of 8.65 percent for the whole of 2023. This resulted in a growth in assets by €4.89 billion to more than €54 billion. PME's coverage ratio decreased to 109.4% in the fourth quarter of 2023. This is the result of falling interest rates and the decision taken in November to increase the pensions of our participants and pensioners in January 2024.
Final 2024 calculation figures
Every year, we determine the calculation figures for the pension scheme for the next year. The final calculation figures for 2024 are now known.