Funds have hundreds of millions of euros of ‘untraceable’ retirees in the pot | Capital

Funds have hundreds of millions of euros of 'untraceable' retirees in the pot |  Capital

For example, the ABP does not know the address details of 19,000 retirees, in part because they have moved abroad. There are still 300 million euros ready for them. On average, this is about 16,000 euros per person. For example, they are people who worked as a student assistant during their studies and thus received a pension, but did not know that they were entitled to benefits.

ABP, the largest pension fund in the Netherlands, says it is doing its best to find people. “Employees are saving up for this,” a spokeswoman said after being told by telegraph† Among other things, ABP deploys employees to track people. A spokeswoman for an outside agency previously found 2,000 participants. “People who are found are very happy.”

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