Re: European Union
I guess an update is needed about my country, the one and only Netherlands, or Holland, whatever you like.
We have a new government. A minority government, the last one was some time before WWII. Also we have the first liberal Prime Minister since 1918. The new guy is Mark Rutte, the first from his political party, the VVD.
Back to the government: it's also the most right wing government in ages. There are two parties, the CDA (Christian Democrats) and the VVD (People's Party for Freedom and Democracy).
From wiki:
The VVD is more of an economically liberal party, committed to the free market, and is comparable to the German Free Democratic Party or the Danish Liberal Party. In its economic policies the VVD is closer to the British Conservative Party than to the Liberal Democrats.
In the United States it could be compared to centrist and (in US terms) liberal Republicans, like Lincoln Chafee and Rudy Giuliani. While the VVD's support for the free market and national security resembles that of the Republicans, its support for individual choice in personal matters resembles that of the US Democrats.
This government is relying on Geert Wilders. :/
It's a bit like the Danish system: Wilders' party is not
in the government but he has a lot to say.
Other -more positive- Dutch news:
Dutch pension system 'best in the world'
Wednesday 20 October 2010
The Dutch pension system is the best in the world, scoring high marks for participation, the size of the payouts and its sustainability, according to research by Melbourne University and financial advisory group Mercer, quoted by the Volkskrant.
The Dutch combination of the state pension and corporate pension also guarantees workers an income equivalent to their average earnings when they retire. Some nine out of 10 workers have a corporate pension, the research shows.
And the fact that pension funds are now under fire means the Netherlands is at least looking for a solution to the problems, the researchers say. Other countries are closing their eyes to the long-term situation.
'This is proof the Dutch system is well put together,' Willem Brugman, director of pensions at Mercer told the Volkskrant. 'In countries such as France, little has been saved and they cannot adapt. That will be untenable.'
Dutch pension funds have been under attack in recent months because their asset ratios have fallen below the official limits. This means technically they do not have enough assets to meet their obligations.
The new government is planning to increase the state pension age from 65 to 66.
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Here some more explanation about the research.
Here the whole report in PDF