Trade unions and employer organisations have reached an agreement in the so-called ‘Group of Ten’ on the difficult question of workplace pension schemes and a number of other pending issues. If the deal is implemented the guaranteed minimum interest for workplace pensions will fall to 1.75% (from an actual the minimum rate of 3.25% for employee and 3.75% for employer contributions). However, this figure could increase depending on the long-term interest rate. A maximum figure of 3.75% has been set.
English: http://deredactie.be/cm/vrtnieuws.english/Economy/1.2469377
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.