Dutch Cabinet sends letter on September Pension Package to Lower House of Parliament

Press release
Date 24 September 2012

Today, the Cabinet sent a letter to the Lower House of Parliament outlining how the envisaged new financial supervisory framework for pensions may provide guidance on the determination of pension contributions for 2013 and any curtailment of pension rights and entitlements in that year.

This ‘September Pension Package’ was worked out in close cooperation with De Nederlandsche Bank (DNB), in its role as supervisor. Further to the package published today, DNB will publish – no later than 3 October – the term rate structure as at the end of September, based on the new interest rate method for pension funds, as well as a detailed explanation of the method adopted.

 

If you need further information, please contact:

Tobias Oudejans: tel. nrs. +3120-524 3100 or +316-524 96961
Remko Vellenga: tel. nrs. +3120–524 2712 or +316–524 96574
Flore Kraaijeveld: tel. nrs. +3120-524 3091 or +316-3102 8660