The funding ratios of the five large Dutch pension funds are all above 100 percent.
This is evident from figures from the pension funds on Thursday.
ABP, the largest pension fund, reports that it has sufficient cash in hand to pay the pensions of all participants for as long as they live.
The funding ratio is used to determine how funds are doing financially.
This is the ratio between the money a fund has to pay in future pensions and the amount of money it has in cash now.
Based on this, it is determined at the end of the year whether the pension benefits should be reduced.
In recent years, pension discounts (reduction of pensions) have mainly been feared, because the funding ratios at most large funds were around and even below the critical limit of 90 percent.
Retirement jars are better filled
That fear is slowly fading away.
At ABP, the funding ratio rose to 104.5 percent last quarter.
At the end of the first quarter, it was still at 100.5 percent.
Zorgpensioenfonds PFZW saw the coverage ratio rise to 100.9 percent, compared to 97.5 percent at the end of the first quarter.
Pension pots were also better filled in the metal sector.
Funds PME and PMT saw coverage ratios rise to 104 and 101.5 percent respectively.
The coverage ratio of Bouwfonds bpfBOUW rose to 120.8 percent.
Real estate investments contributed to the increase
The pension funds mainly cite the positive returns on their investments as the cause of the increase.
For example, bpfBOUW says that the Dutch and international real estate portfolio contributed to the increase.
ABP says that the outlook has become somewhat brighter again due to the higher funding ratio. "I can therefore say for the first time in ages that the chance of a pension reduction next year is very small," said chairman Corien Wortmann-Kool. "But a pension increase is really not in sight yet."