11/11/2011
By Ilonka Oudenampsen
Dutch unions have banded together to introduce younger people to trusteeship.
At present, only two per cent of all trustees in the Netherlands are below age 35. President of union CNV Youngsters believes this number is much too low, and together with union FNV Young has organised a master class to prepare young people for trustee or advisory boards.
The first master class took place last Wednesday and was hosted by public sector pension fund ABP, the Netherlands’ biggest pension fund. About twenty youngsters attended and in his opening speech vice president of ABP Xander Den Uyl emphasised the importance of involving more young people in pensions.
“Our pension system is about the elderly and youngsters together. About solidarity. But that solidarity does not come automatically. You need to earn that. If youngsters feel they are not done full justice, they should not remain on the side, but participate. Fantastic that that is happening now, because we desperately need you to change the image that pensions are only about old, grey men.”
The Pension Master Class is made up of seven evenings, in which youngsters between age 20 and 35 expand their pension knowledge. During these meetings financial experts explain the history and future of the pension system, the difference between collective and individual pension saving and the possibilities for pension communication.
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