NETHERLANDS - ABP's recovery plan risks job losses and will cost the Dutch government over €500m (US$662m) a year, the ministry of home affairs and kingdom relations has warned.
As part of the recovery plan filed yesterday with the De Nederlandsche Bank (DNB), the Dutch pension regulator, ABP said it will raise pension contributions by 3% until 2014 and shelve indexation i...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders