Pension Fund Staples' policy funding ratio was 121.4% at the end of November. 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 actual funding ratio of the last 12 months. The actual funding ratio has decreased from 124.2% at the end of October 2017 to 124.1% at the end of November.
More information on this topic on the page Funding ratio.