Netherlands - Pension agreement - June 30, 2020

The government, unions and employers have reached a definitive agreement about a new pension system. In the new system, the level of pensions will not be based on coverage ratios and official interest rates, but will instead depend on stock exchange developments. The state pension age will rise less quickly than originally planned, and there will be an early retirement option, aimed at people doing hard physical work. The reforms aim to spread the burden of paying for pensions more fairly across the generations. The unions will discuss the agreements with their members.

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For more information, please contact Paul de Beer or Oana Ciuca or Sjaak van der Velden, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org.
For previous full issues of the Collective bargaining newsletter please visit www.etui.org/E-Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.

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