Funding ratio 112.3% at the end of December 2020
The policy funding ratio of the Staples Pension Fund at the end of December 2020 is 112.3%. It has increased compared to the end of November 2020 (112.2%). The funding ratio expresses the ratio between the fund's assets and liabilities. The policy funding ratio is the average current funding ratio over the past 12 months. Read more about it here.
The policy funding ratio is below the required funding ratio of 115.1%. As a result, the fund has submitted a recovery plan to the DNB.
The current funding ratio has increased compared to the end of November 2020. At the end of December 2020, the current funding ratio is 120.3%.
More information about the funding ratio can be found on the funding ratios page.