There are three options to calculate the required own funds. In principle, pension funds should use the standard model to calculate the required own funds. If the standard model does not adequately match the fund's risk profile, the fund should develop one or more supplementary partial internal models. Subject to conditions, a fund may also use a full internal model. The guiding principle in using models is that the pension fund’s required own funds must be adequate to cover its risks.
The pension fund must report to DNB on the size of its required own funds on a quarterly basis, documenting the calculation method for the required own funds.