Royal Imtech N.V.
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Publicatie datum
25 aug 2010 - 15:12
Statutaire naam
Royal Imtech N.V.
Titel
Coverage ratio of Pension Fund Imtech 96.40% instead of required 96.75%
Bericht
Gouda - Imtech N.V. (technical services in Europe) announces, also on behalf of the Pension Fund Imtech ('Pensioenfonds Imtech'), that Pension Fund Imtech belongs to the group of pension funds informed by the Dutch Central Bank (DNB, 'De Nederlandsche Bank') that, pursuant to the letter of Minister Donner, the implementation of a potential reduction in pension entitlements must be accelerated. According to the recovery plan submitted to DNB, which specifies a target coverage ratio of 105% at the end of 2013, the coverage ratio of Pension Fund Imtech should have been 96.75% as of 30 June 2010. At the aforesaid date, however, Pension Fund Imtech's estimated quarterly coverage ratio was 96.40%. This means that progress is lagging slightly behind (0.35%) the targets specified in the recovery plan.
Datum laatste update: 09 mei 2025