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‘Entire generation has never experienced an indexation’
AMSTERDAM – After the indexation news from ABP and PME, the PFZW pension fund (healthcare and welfare) has now announced that it will increase pensions by 2.7%. Although board chairman Joanne Kellermann says it does not come out of the blue, she calls the decision historic. It is striking that the fund has the lowest policy funding ratio of the three large funds, but has so far implemented the highest indexation.