Pension Agreement
In the coming years, the Dutch pension system will undergo significant changes, impacting nearly all pension plans. The major changes include a shift toward defined contribution schemes for everyone, and contributions will no longer depend on age. In addition, there are several detailed changes, such as adjustments to survivor’s pensions.
The extent of change and the transition process will differ per situation. Are you affiliated with a pension fund, an insurer, or a PPI? Do you have a defined benefit or defined contribution scheme? Have you agreed on specific employment terms with your Works Council, or are you part of an industry-wide pension fund by law? We’re here to help you map out your specific situation, advise on future scenarios, and develop a clear roadmap to get there. Our consultants are experts in making this complex topic understandable and guiding you through the entire transition.
A selection of our services includes:
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Pension workshops/training sessions for HR staff and Works Council members
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Drafting transition plans and consent requests
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Advisory support during discussions with Works Council and trade unions
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Project management
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Selecting a suitable pension provider
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Employee communication (presentations, webinars, brochures, walk-in sessions)
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Impact analysis of a new pension-compliant scheme. This includes calculating employee impact using 1,000 economic scenarios (based on the Dutch Central Bank scenario set) and estimating employer cost impact, including expected hires and exits over the next 20 years.