The Pension Fund Time Bomb

The halving of the capital market interest rate leads to a massive increase in the pension debt of many DAX and MDAX companies.

The halving of the capital market interest rate relevant for the valuation of pension obligations has led to a massive increase in the pension debt of many DAX and MDAX companies. In the past two years, comparatively high discount rates have already been used to measure pension obligations in order to reduce the present value of defined benefit obligations. These are no longer sustainable and must be reduced.

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