mast image

Impact Investing

IPE special report May 2018

Sections

Dutch govt facing €60m divorcees’ pension payout

NETHERLANDS - A group of around 30,000 women divorced before 1981 who could not contribute to a pension are in line for a total payment of around €60m from the Dutch government.

Dutch Christian Democrat (CDA) MP Aart Mosterd estimated this figure during the concluding debate in parliament about the new pension law at the end of last week.

During the debate, a majority in the parliament voted for the single payment, as a vast number of women cannot benefit from regulations that were introduced in the 1980s.

Up until the period in which the law that gives divorcees a right to half of the ex-partner's pension as soon as he retires was introduced, Mosterd wants to compensate the women who divorced before 1981, as they fall outside of this directive.

Also, many women did not have the chance to build up a pension, because they largely stayed at home to take care of the household and of children, he argues.

Aart Jan de Geus, the Dutch minister of social affairs, already agreed earlier this year resolve this issue.

Despite Mosterd's estimates, the Dutch opposition Labour party (PvdA) argues that it is still unclear how much money will be paid out, as it is unclear how many divorced women can apply for the payment.



Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2435

    Asset class: CLOs.
    Asset region: Global.
    Size: USD 50m.
    Closing date: 2018-05-22.

  • QN-2436

    Asset class: Real Estate - Core Open-ended Real Estate Equity Fund (non-listed).
    Asset region: Asia Pacific.
    Size: Approx. CHF 70-100m per investment.
    Closing date: 2018-05-25.

  • QN-2438

    Asset class: High Yield Bonds.
    Asset region: US.
    Size: USD 300 million.
    Closing date: 2018-05-25.

Begin Your Search Here