One in 10 don't save for retirement
Tuesday 22 December 2009
Some one in 10 workers in the Netherlands did not put any money into a supplementary pension scheme in 2007, social affairs minister Piet Hein Donner told MPs on Monday.
Donner said he is to look at involving unions and employers in efforts to reduce the number of people who will only have the state pension AOW to live on when they retire.
Employers are not required by law to offer staff a company pension scheme and small firms are most likely to be without. Some 25% of people working for a company with 10 or fewer staff do not have a pension scheme, Donner said.
The government is planning to raise both the state and corporate pension age from 65 to 67.
© DutchNews.nl
Readers' comments
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Perhaps because the plans are incomprehensible? My Dutchie doesn't even understand them, so it's not just because all the letters I get demanding action are in Dutch.
By CW | December 22, 2009 3:58 PM