Condemning ‘beautiful’ Dutch pensions
The Netherlands’ Social Economic Council (SER) has proposed a ‘macro-stable’ discount rate for pension liabilities. This new discount rate would apply to real, conditional pensions – a new type of pension contract favored by the SER that would replace existing nominal guaranteed pension rights.
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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.
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