OREANDA-NEWS. ‘Expert RA’ rating agency confirmed ‘European Pension Fund’ reliability rating A+, which means very high reliability. The rating outlook changed from stable to positive, which means high probability of upgrading the rating in the mid-term.

Excellent business process arrangements, the conservative pension accrual investment policy, and the conservative pension provision placement policy had a positive impact on ‘European Pension Fund’ PPF rating.

High return on the pension accrual investments and on the placed pension provisions in the period from December 31, 2010, to March 31, 2013, was also regarded as a positive factor: the accrued profitability came to 47% and 26%, respectively, with 25% inflation in the same period.