ING CDC Pensioenfonds’ funding ratios as per 31 December 2025 are known. The funding ratio is 154% and the policy funding ratio is 140%.
The funding ratio indicates whether the fund’s financial position on a certain reference date is adequate enough to pay out pensions accrued now and in the future. The higher the funding ratio, the better the fund’s financial position. A funding ratio of 100% indicates that the fund’s financial position on the reference date is adequate enough to pay out pensions that have been built up in the fund. The funding ratio as per 31 December 2025 amounts to 154%. This means that the funding ratio decreased with 1% compared to November 2025.
The policy funding ratio is equal to the average of the funding ratios for the preceding twelve months. With effect from 2015, the policy funding ratio provides the fund with a benchmark for making policy decisions, such as determining the amount of headroom available for indexation and the adequacy of the fund’s reserves. By taking the average for the preceding twelve months, important decisions no longer hinge on the funding ratio prevailing on any given date. The policy funding ratio as per 31 December 2025 thus amounts to 140%. This means that the policy funding ratio increased with 2% compared to November 2025.
The pension fund publishes its funding ratios on or around the 15th day of each month. The graph below shows the situation as at ultimo December 2025.
Click here to see funding ratio developments in 2024 and 2025.
