On Tuesday, December 2, the Senate adopted a bill to extend the transition period to the new pension system by one year until January 1, 2028. The factions GroenLinks-PvdA, Volt, ChristenUnie, CDA, SGP, D66, FVD, SP, PvdD, VVD, JA21, BBB, Fractie-Van de Sanden, Fractie-Visseren-Hamakers, 50PLUS, Fractie-Beukering, Fractie-Walenkamp, and OPNL voted in favor of the bill; only the PVV faction voted against it. Three motions were also voted on.


Motions

Rejected

  • The Bezaan et al. motion on publishing a public summary of the balance test.
  • The Bezaan et al. motion on a binding referendum.
  • The Van Wijk et al. motion on concrete measures for the actual legal protection of participants.

Postponed

  • The Van Rooijen et al. motion on sending a semi-annual overview of the asset development of Dutch pension funds.
  • The Van Rooijen et al. motion on providing information by the merged pension funds.

About the bill

With this bill, the government fulfills the commitment to the Senate to remove the final date of the pension transition from the law. The proposal extends the transition period to the new pension system by one year, giving implementing parties more room to carry out the transition carefully. In addition, this proposal transfers the various transition dates included in the Pension Future Act to a General Administrative Order, so the government can intervene more quickly if further extension of the transition period proves necessary.