NSC plan for pension fund referendums puts strain on coalition
2 months ago

NSC plan for pension fund referendums puts strain on coalition

Dutch News  

Pieter Omtzigt’s NSC party is calling for members of pension funds to be given a vote on whether to be included in the new Dutch system. NSC MP Agnes Joseph is expected to submit plans that would require pension fund managers to hold a referendum first before transferring to the new system. The reforms created individually tailored pension “pots” rather than giving employees a share of a large collective fund, while pension funds’ returns will more closely reflect market performance. Under the old system all payments made during a worker’s career counted equally towards their final pension, whereas under the new system payments are treated as investments that grow over time, so contributions made in the early years are worth more.

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MPs back formal review of NSC's pension referendum plan
2 months ago

MPs back formal review of NSC's pension referendum plan

Dutch News  

A majority of MPs have voted to ask the government’s highest-ranking advisory body, the Council of State, to assess plans to hold referenda on the new pension legislation. Two parties from the ruling right-wing coalition – the NSC and BBB – want to give workforces and pensioners the right to vote on whether their fund should move to the new …

Dutch pension funds, retirees need more say before system overhaul, says NSC
2 months, 1 week ago

Dutch pension funds, retirees need more say before system overhaul, says NSC

NL Times  

Coalition party NSC wants all pension funds to consult their members on whether they want to switch to the new pension system. NSC parliamentarian Agnes Joseph is submitting a proposal to have the participants of each pension fund express their opinion in a referendum before their fund can make the switch, NOS reports. The NSC has long advocated for pension …

MPs near agreement on pension reforms
10 years, 5 months ago

MPs near agreement on pension reforms

NL Times  

The Cabinet, governing groups and the opposition parties D66, ChristenUnie and SGP have reached an agreement on tightening the pension rules, Z24 reports. An important part of the bill is that pension funds are required to hold higher financial buffers from next year. Research will also be done into the low interest rates that pension funds must use to determine …

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