At WTW we keep a close eye on benefits trends. The new pension legislation will enforce significant changes to the Dutch pension landscape, therefore it is even more important to understand what our clients think and where the retirement market is heading.
Fundamental change in grandfathering principles!
Are you considering to grandfather the age-related DC plan for current employees?
You now have the option to offer current employees a choice between the new flat rate contribution and increasing contribution rates.
Transition date
Have you thought about the transition date that matches your (future) workforce?
50 % of employers indicated to have chosen not to wait till 2027, but switch to the new plan in 2026, because of workforce characteristics and global guidelines.
Benchmark flat rate pension contributions
What is your future benefits strategy and is your view on pensions distinguishing you from your peers?
67% decide for a flat rate between 10%-20%.
Graph showing what percentage level of flat rate is chosen by employers.
Partner pension
How do you make well-informed decisions between cost and taking care for your employees?
99% of employers have decided to go for a partner pension between 20%-35%. A solid minimum base, but with a wide variation in percentages between employers.
