Around 4,000 Dutch poultry sellers will be joining Slagers, the industry-wide pension fund for butchers, which will increase the number of active members in the scheme by 30 per cent.
This move is part of a new collective labour agreement, which will come into force in March, according to the FNV union. Poultry sellers are currently often not saving for a pension or have poor insured arrangements, the union said.
FNV expects no problems with pension funds of other sectors, such as Detailhandel, the pension fund for the retail sector. A handful of poultry sellers have joined this pension scheme, but will move to Slagers next year.
Pension fund Slagers has 13,450 active members, 46,340 deferred members and 9,955 pensioners. It has 2,400 affiliated employers and assets of €2.2bn.
The fund has outsourced its administration to AGH, while its assets are managed by Kempen Capital Management.
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