Kingdom of the Netherlands-Netherlands : Publication of Financial Sector Assessment Program Documentation: Technical Note on Pensions Sector Issues.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2011/209

IMF Staff Country Reports

Language:

English

Subjects (All):

International Monetary Fund--Netherlands.

International Monetary Fund.

Pensions--Netherlands.

Pensions.

Pensions--State supervision--Netherlands.

Physical Description:

1 online resource (32 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2011.

Language Note:

English

Summary:

The recent crisis and interest rate declines have put the financial sustainability of the Dutch occupational pension system under severe strain. The benefit-cutting measures have been received by the public as an unexpected and almost unknown option inherent in the pension contracts. Adding to the strain on the pension funds is an unexpected increment in the longevity of the Dutch population. The transparency and risk-sensitive framework of pension funds regulation has brought the question of the sustainability of the Dutch pension system.

Contents:

Cover; Contents; Glossary; I. Summary and Conclusions; Tables; 1. Company Sponsored Pension Plans; II. Recommendations; III. The Pension System; A. Overview; The global position of the Dutch pension system; 2. The Melbourne Mercer Pension Index; The structure of the pension system; 3. Melbourne Mercer Pension System Rating; 4. The Global Aging Preparedness Index; B. The First Pillar; Framework of the First Pillar; Financing of the AOW; Vulnerabilities and issues of the First Pillar pension scheme; 5. AOW Finances; 6. AOW-Expenditure; C. Second Pillar; Framework of the system; Figures

1. Assets Under Management of Pension Funds2. Number of Pension Funds; 7. Contributions and Benefits; 8. Pension Fund Costs; Investments; The financial assessment framework; 9. Pension Funds Investments; Reporting requirements; Vulnerabilities and issues of the Second Pillar pension funds; 3. Funding Ratio Development and Long Term Interest Rate; 4. Solvency Requirements and Corresponding Losses During 2008; 10. Pension Funds Under Recovery Plans; Risk management and controls on investment policy; Governance issues; D. Third Pillar; Framework of the system; Appendix

I. Pension Assets Invested at Pension Fund's Risk

Notes:

Description based upon print version of record.

Description based on online resource; title from PDF title page (ebrary, viewed September 24, 2014).

ISBN:

9786613881472

9781463901752

1463901755

9781462383955

1462383955

9781283569026

1283569027

9781462383948

1462383947