PensionsEurope, the largest European pension fund association, is urging the Government to reconsider the latest proposed changes to the pension system, warning that they would significantly unbalance the system, harm the future of the country's future pensioners, and undermine the financial capabilities and stability of the entire state. PensionsEurope emphasizes that the proposals of the Ministry of Social Security and Labour, including replacing the state contribution with a personal income tax relief, the possibility of suspending participation in the second pension pillar for 12 months, or the elimination of automatic inclusion in the pension system, not only pose a risk of drastically undermining the strategic goal of having as many people as possible receive a pension equal to at least 70% of their previous working income, but also threaten to unbalance the finances of the entire state in the future.
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For more information, please contact Paul de Beer or Oana Ciuca, 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 https://www.etui.org/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.