Pension fund groups knock increase in pension age

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NETHERLANDS - The country's three pension funds groups and the insurance association have criticised the government objective to improve pension funds' deficits by increasing the retirement age from 65 to 67.

In a letter to the cabinet, the pension groups VB, OPF and UvB and the VvV said the government assumed this reform would reinforce the pension system and accelerate the recovery of the coverage rat...

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