The Dutch State and the Dutch Bank have for years prevented pension funds from increasing their members' pension benefits, while indexation according to earned assets was possible in those years. Both the State and the Bank have pursued a rigid policy, contrary to European directives. That is why a former civil servant has demanded an advance on the indexation damage suffered by the court in The Hague in preliminary relief proceedings.

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The pension funds are doing slightly better thanks to good investment results and higher interest rates in 2017. Small funds can again partially index. This is reported by De Nederlandsche Bank (DNB).

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The funding ratios of pension funds rose slightly across the board last year. This was mainly due to positive returns on equity investments. Pension cuts do not appear to be occurring this year, or at most incidentally. A number of funds can once again let the pensions grow partly or wholly in line with inflation, according to the Pension Federation in a press release.

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