Mandatory participation for companies

P. H. Omtzigt
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P. H. Omtzigt: University of Amsterdam

Chapter 10 in Costs and Benefits of Collective Pension Systems, 2007, pp 187-201 from Springer

Abstract: Abstract In the Netherlands, when representative organisations apply for it, the Minister of Social Affairs can decree a pension scheme as mandatory for a complete industrial sector. The majority of the employees accrue pension in a scheme that is imposed by this mandatory participation for companies. This chapter describes the creation and content of this mandatory participation, as well as the advantages and disadvantages. A comparison with other countries shows that the mandatory participation for companies succeeds well in its objectives, as it encourages saving behaviour, prevents 'blank spots' and avoids competition on labour costs.

Keywords: Pension Fund; Pension Plan; Social Partner; Pension Scheme; Funding Ratio (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-74374-3_10

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DOI: 10.1007/978-3-540-74374-3_10

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