20-12-14 15:05 pm – Source: Reuters
State Secretary Frans Weekers (L) of Finance and State Jetta Klijnsma of Social Affairs and Employment in the debate in parliament about the pension agreement. © anp
The Association of Insurers pleased responds to some improvement proposals for pensions, Secretary Jetta Klijnsma (Social Affairs) end of this week has sent to parliament
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Employees with a so-called defined contribution having their accrued pension capital at retirement will no longer be at once into a pension. They are given the possibility to continue investing after their retirement, allowing them to build up more pension.
The alliance speaks today of a “welcome improvement of legislation in recent years is growing rapidly.”
The vast majority of Dutch still have a pension which already benefits promised. But nearly half a million people who are over-represented in pension insurers settle their old age by now with such a new pension contract.
In addition, the participant receives no predetermined pension but pays his employer only a fixed pension. On your retirement you buy the money from your pension pot retirement benefits.
The strong trend toward this kind of new plans, according to the covenant the key ever been to solving a number of problems in the current pension system. Plans are due to this development “considerably simpler, more transparent and more personal,” the umbrella organization.
For the defined contribution scheme, there is no longer an ordinary pension, where young people help to pay for the pensions of the elderly. That part of the pension system is actually very lately questioned
(Edited by: Editorial).
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