NETHERLANDS - Following a heated debate in the senate, the Dutch social affairs minister Aart Jan de Geus promised an evaluation of pension funds in September 2005, with a view to deciding if the industry was ready to implement all the changes to the pre-pension package on 1 January, 2006.
The minister agreed to the compromise after pressure from other senate colleagues. Pension funds have long been arguing for a longer transition period, claiming that the one year transition period ...
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