New bill 'Future Pensions Act' submitted to the House of Representatives: the consequences for employers

26 April - The 2019 agreement for a new pension system has been converted into a bill: the Future Pensions Act. On March 31, the final legislative texts for this law, also known as the Pension Agreement, were presented to the House of Representatives for consideration. If the House of Representatives agrees, the Act will enter into force on January 1, 2023. Employers and pension administrators must then switch to the new system by January 1, 2027. This pension scheme is based on the defined contribution system with a constant contribution rate.