Healthcare pension fund considers raising premiums

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Healthcare sector pension fund PZW will increase premiums for its 1.2 million participants if market conditions do not improve, the Financieele Dagblad reports on Friday.


Half of the increase will be paid by the employers.
And if that fails to boost the fund’s finances back to legally-required levels, pension rights could be cut by up to 10%, the paper says.
But cutting pensions for existing claimants is a last resort because pensioners will be unable to benefit from better times, the paper says.

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