An update on the Dutch Future of Pensions Act
We're pleased to give you an update on the latest developments concerning the new pension system.
Readtime 3 minutes
And now to work on the Future of Pensions Act!
The Future of Pensions Act has been passed by the Dutch House of Representatives. If the Dutch Senate also approves the bill (expected in January or February), it will take effect on 1 July 2023. All pension schemes must meet the new Pensions Act by 1 January 2027.
Readtime 4 minutes
Slip of the pen in minister's answers to questions.
In his latest opinion piece, Berry van Sonsbeek discussed the compensation scheme that should in all cases also apply to new employees. The documents for the second round of questions and answers between the Minister and the Lower House (published on 30 June), reveal a number of things.
Readtime 4 minutes
Compensation schemes lead to the use of non-retroactive effect.
The recent document with questions from the Dutch House of Representatives about the new system and Minister Schouten’s answers to those questions may raise some eyebrows. A column by Berry van Sonsbeek.
Readtime 8 minutes
Advantages and disadvantages of a flexible contribution scheme.
In the new pension system, we have two types of contribution schemes: a flexible and a solidary contribution scheme. In essence they have much in common. The main difference is in the way the returns reach the participants and the extent to which solidarity reserves are used.
Readtime 5 minutes
Continuing the average pay scheme or switching to a pension fund.
In this blog, a real-life case study will be discussed. It is an average pay scheme provided by an insurance company that is swapped for an average pay scheme with a better accrual percentage provided by a voluntary industry-wide pension fund.
Readtime 8 minutes