A discussion paper by APG’s Roderick Molenaar, and Tilburg University’s Kim Peijnenburg and Eduard Ponds, looks at whether a low funding ratio of a pension fund can creative incentives for individuals to leave this fund.
This is in the context of exploring whether for a certain funding level the benefits of participating in the pension fund are outweighed by the disadvantages.
To access the Netspar discussion paper click here:
