Delta Lloyd Group's pension fund will once again this year index-link the pension rights of its stakeholders.
Delta Lloyd Group's pension fund will once again this year index-link the pension rights of its stakeholders. What this means for pensioners is an increase in their pensions with an adjustment for inflation of 2.53%, and for current Delta Lloyd Group employees it means an increase in their pension rights with a 3% rate linked to salary.
Although the Delta Lloyd Pension Fund has had a difficult year for investments, the assets in the pension fund held firm as a result of the selected investment strategy with a 119% degree of cover at a sufficient level. Combined with employers' premium payments, the fund is once again in a position this year to allocate index-linked pensions to its stakeholders.
Henk Raué, chief executive officer, said of the pension fund: "The prudent management of the Delta Lloyd Pension Fund, focused on the long-term securing of pension commitments through the fund, provides our stakeholders, even in these difficult times, with the security they can count on. It demonstrates that, with good risk management and timely cover for major risks, the ambition to index-link the pension fund can still be achieved."
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Further information:
David Brilleslijper
Telephone: (+31) 20 594 44 88
Notes to editors:
Delta Lloyd Group is a financial services provider which offers its customers security with an extensive portfolio of insurance, pension, banking and investment products. Delta Lloyd Group trades under the names Delta Lloyd, OHRA and ABN AMRO Insurance. Delta Lloyd Group achieved a total turnover in 2007 of €9 billion, of which €6.6 billion was revenue from gross premiums. The group attained a net profit of €781 million in 2007.