PfZW, the €84bn Dutch industry-wide pension scheme for healthcare workers, has granted its two million participants part indexation of 0.72% – lower than in previous years as officials at the pension fund anticipate life expectancy will rise in the future. For the same reason, members of the Netherlands’ second-largest pension fund also face a 0.6% rise in contributions to 23.1% of pensionable salary in 2010. “Not only external demographic predictions, but also our own data, show a fast rise in life expectancy,” commented Peter Borgdorff, director of PfZW.

aaa  IPE