Published On: Wed, Jul 27th, 2016

APC coverage ratio close to 100 percent

JardimWILLEMSTAD - The coverage ratio of the General Pension Fund (APC) was by the end of 2015, almost 100%. There is still not enough money to pay all pensions.

But, according to the APC, the situation is better than half a year before. The recent amendment to the Civil Service pension arrangement should make the financial position of the pension fund better this year.

The aim is to achieve a minimum coverage ratio of 105%. Then there is some reserve for the case it doesn’t go quite right with the investments.

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