Staples Pensioenfonds' policy funding ratio was 112.6% at the end of January. The funding ratio of a pension fund specifies the ratio between the assets and the liabilities, and is an indicator of the financial position of a pension fund. The policy funding ratio is the average funding ratio of the last 12 months. Because the policy funding ratio is lower than the legally required funding ratio (115.8%), the fund has prepared a recovery plan to address this.
The actual funding ratio has risen from 117.2% in December 2016 to 119.1% in January 2017.
More information on this topic on the page Funding ratio.