23-08-14 16:02 pm – Source: Reuters
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Jetta Klijnsma State Secretary for Social Affairs in the House. © anp
Trade association Pension Federation has sharply criticized the new rules that Secretary Jetta Klijnsma of Social wants to introduce pension funds.
business
According to the organization, it is highly questionable whether the rules actually lead to a fair distribution of the pension risks over the generations, and that precisely one of the main objectives of the new regulations . “It looks like it promised to young people ‘will never be distributed,” Sweet writes the federation in this regard in a note.
The lines could also negatively tackle for the elderly out. From initial calculations of a number of pension funds that they average about 6 percent decline by the so-called future-proof indexing in purchasing power. That saves annualized soon several hundred dollars.
Pension funds have higher buffers handle. In order for there to ensure Klijnsma wants adjusting annual pensions to wage and price increases (indexing) is less easy. The Pension Federation is it there itself agree, but fears that proposed by the State system is not working.
unworkable situation with DNB driver’s seat
The association which nearly all Dutch pension funds are connected, also questions the greater powers De Nederlandsche Bank (DNB) gets as supervisor. DNB is to sit down, which is likely to occur, an ‘impossible situation’ increasingly on the chair “of the directors of the pension according to the federation.
Early next month, the House will organize a roundtable discussion on the pension plans of Klijnsma which join the Pension Federation and other organizations.
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