Nine of the ten largest Dutch pension funds invest in arms manufacturers who supply systems to countries that violate human rights, such as Saudi Arabia. In total these pension funds invest over a billion euros in 14 of these types of arms companies, NRC reports based on the Fair Pension Guide study by peace organization PAX.
Dutch trade unions and employers reached an agreement on a new pension system, according to a draft document the Telegraaf managed to get hold of. One of the main points is slowing down the increase of retirement age, according to the newspaper.
The trade unions and employers agreed that the increase of retirement age to 67 years must be introduced more slowly. In this draft agreement, retirement age will be 67 years in 2025, instead of in 2021. The parties also want to calculate the increase differently in the future and for more early retirement schemes to be made possible.
The Netherlands has the second best pension system in the world, coming in behind Denmark in the seventh edition of the Melbourne Mercer Global Pension Index. The Netherlands passes Australia in this years’ index to finish second, and results indicate the success to be in the increased savings of households.
According to a study carried out by Secretary of Social Affairs, Jetta Klijnsma, the Dutch knows very little about pensions, but the majority of them are concerned about the Dutch pension system, De Telegraaf reports.
The Netherlands must be careful that the European Commission stays out of the pension funds of member states. The Netherlands should pull the 'yellow card' against the Commission's pension plan, says CDA- MP Pieter Omtzigt, RTL Nieuws reports.