SEARCHING FOR THE PENSION SYSTEM OF THE FUTURE

For some time now, politicians, industry professionals, and academics have been seeking to design a re-envisioned pension contract capable of meeting the demands of the future – one that, at the same time, preserves the values that have made the Dutch system so strong in the past. However, modifying the design of the pension system is only the first step. Two highly complex, associated transition issues remain. The first is economic in nature, but the second is weightier as it involves the social transition. How can confidence in the pension system be restored? And how do we get all of the stakeholders – participants, managers, politicians, social partners – to join together to undertake the necessary reform?

CONFIDENCE IN CHANGE

Building support, openness, and finding common values are the key principles here. We are dealing with an uncertain public, which moreover is divided into various cultural groups, each with different desires in terms of how the pension system is structured. Netspar will be further exploring this new theme of Confidence in Change.