Most Dutch pensioners will see benefits cut

28th December 2011, Comments 0 comments

Most Dutch pension funds will be hard pressed to avoid cutting benefits from 2013.

Leading financial broadsheet on Wednesday published a report based on its own research into the coverage ratio of several dozen pension funds.

The paper writes that 17 of the major funds face a 5.9-percent shortfall on average. The five biggest pension funds are reportedly considering a 7.9 percent cut in benefits.

© Radio Netherlands Worldwide

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