Council of state criticises pension reform: too slow and unfair

Plans to reform the Dutch pension system will take too long to have an effect and may have an unfair impact on youngsters, the Council of State said on Wednesday.


The council, which also acts as the country’s supreme court, has an important role in reviewing draft legislation.
The deal, thrashed out in two years of talks between unions, employers and ministers, paves the way for an increase in the pension age to at least 66 and will make corporate pensions more dependent on stock exchange developments.

Conflicts

The council says the plan to increase state pensions marginally until 2028 conflicts with government spending targets and offers no guarantee it will happen.
In addition, the inclusion of measures to help people take early retirement conflicts with the need to raise the pension age in the first place, the council says.
Unions in particular had been keen to include such a provision to lessen the effect on people doing heavy physical and mental work.

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