IWS Documented News INTERNATIONAL

IWS Documented News Service
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Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
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The Center for Retirement Research at Boston College

Issue in Brief

“How to Close the Funding Gap in Dutch Pension Plans? Impact on Generations”

by Neils Kortleve and Eduard Ponds

http://crr.bc.edu/briefs/how_to_close_the_funding_gap_in_dutch_pension_plans_impact_on_generations.html

or

http://crr.bc.edu/images/stories/Briefs/ib_10-7.pdf

[full-text, 6 pages]

The brief’s key findings are:

•           The financial crisis stressed the Dutch pension system, as assets dropped below the required 105 percent of liabilities.

•           Automatic indexation adjustments, introduced in recent years, may not be sufficient to restore solvency.  

•           Policymakers now have to consider more substantial measures, which affect retirees and workers differently.

•           This process highlights the need to more effectively distribute risk across generations within the pension system. 

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This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

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Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
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