Peer Review 'Balancing the security and affordability of funded pension schemes' hold on 12-13 April 2011, The Hague, the Netherlands.
The aim of the conference was to discuss the Dutch pension systems in the context of the financial and economic crisis, in particular how to achieve the necessary balance between security and affordability in future pension schemes. Since the crisis, the Dutch funded schemes have been increasingly perceived as being overly risky and the Dutch Government has decided to take a more fundamental look at some characteristics of its pension system. The investment policies of pension funds, the sustainability of the occupational pension system and the financial supervision framework are the key topics of the ongoing debate in the Netherlands.
AGE prepared a written contribution to the conference to address the following issues:
- Possible relevance of the Dutch policy approach to other countries in the EU; and
- Potential transferability of this policy (as a whole or in part) to other countries and of the likely conditions and/or obstacle for its application.
The Dutch model presents just one possible approach to pension provision, while there are large differences within the EU with respect to reforming further national pension systems. For AGE, pension reforms, whatever the initial national model is, should re-establish the responsibility of public authorities to ensure a decent standard of living for people of all age cohorts, based on greater solidarity between and within generations.
For the full version of AGE contribution please see click here.
Last Updated on Friday, 16 March 2012 17:39
