Pension talks fail to meet April 1 deadline

Agreement between employers and unions on reforming the corporate pension sector is taking longer than expected, social affairs minister Henk Kamp admitted on Friday.

The aim of the talks is to reach agreement on increasing the pension age from 65 to 67.
Last month, the Telegraaf said the talks are on the verge of collapse. In particular, the FNV-affiliated general workers union Bondgenoten has come out against plans to allow corporate pension scheme payouts to vary in line with stock exchange developments, the paper said.
A senior government legal official warned earlier that such a crucial change would not be legally possible.

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