Netherlands - pension sche
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Netherlands -Mandatory to Occupational Pension Scheme (STIPP)
Changes to the Netherland occupational pension scheme under STIPP (Stichting Pensioenfonds voor Personeelsdiensten). Under Dutch law, specifically the Future of Pensions Act, all employees in the employment sector are required to transition to the ...
Denmark – pension fund
Denmark – pension fund In Denmark, employees can choose a fund but can also sign directly with the pension fund – XML does not need to get involved in the agreement. In the case the employee has chosen his fund and the amounts will be deducted from ...
Sweden - Pension
Most White-Collar employees in Sweden are covered by a CBA. This needs to be confirmed with local Accountants, especially if an new hire is an expat. Under the CBA, there’s a supplemental pension (ITP 1). For those born after 1978 it is a DC plan (DB ...
Ireland - PRSA & NAERSA pension
PRSA Requirement ( Current): Employers must continue to offer at least one PRSA payroll deduction scheme on a voluntary basis. This remains in place until the new Auto-Enrolment ( AE) system is fully operational. National Auto-Enrolment Retirement ...
UK – Workplace pension
UK – Workplace pension A workplace pension is a way of saving for retirement that’s arranged by the employer. Some of workplace pensions are called ‘occupational’, ‘works’, ‘company’ or ‘work-based’ pensions. An employer will need to enrol the ...