Friday 03 April 2020

CNV trade union federation backs pension reforms

The CNV trade union federation has voted in favour of the pension reform agreement worked out in May between union leaders, employers and the government.

But despite the broad agreement, the CNV wants the government to do more to make it possible for people in physically difficult professions to retire early and to reduce the risk of investment swings.
Members of the ACP police union and military union ACOM, both of which are affiliated to the CNV, voted against the deal.
The FNV, which is the country’s biggest union federation, will not announce its membership ballot results until September. The biggest FNV union – Bondgenoten – opposes the agreement.
Better off

Meanwhile, former FNV leader Lodewijk de Waal told newspaper Trouw on Wednesday that everyone will be better off with the new system.
The deal paves the way for an increase in the pension age to 66 and possibly 67, and changes the way corporate pensions are calculated by giving greater weight to market risks.
However, De Waal pointed out that it will be up to individual sectors to decide the investment risks. ‘Everyone should realise the deal which has been reached is a framework and that lots still has to be worked out,’ he said.
Earlier stories
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