Read how developments during 2018 impacted us
The actual funding ratio remained stable at around 121% throughout most of 2018. This lasted until the end of Q3. As widespread concerns about the economy sent share prices plummeting, and with interest rates also falling slightly, by the end of the reporting year the actual funding ratio had fallen to 114.5%. The pension fund ended 2018 with a policy funding ratio of 119.8%.
The annual report explains how the various developments impacted Philips Pensioenfonds during 2018. It also provides a brief discussion of what to expect in 2019. Find out more in the 2018 annual report. In chapter 8 you find an English Summary of the report.
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