PME pension increase for the first time since 2008 | Financial

Pension fund chairman: it was high time

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AMSTERDAM – The large pension fund PME (for the metal and electricity sector) is increasing pensions for the first time in fourteen years. PME is the first of the five major pension funds to take that step. Retirees and participants can add 1.29 percent extra. According to chairman Eric Uijen, it was high time.