International Employment Law Review - Belgium: September 2014

September 11, 2014

Harmonization of the Treatment of Blue Collar and White Collar Workers in Extra-Legal Pension Schemes

New legislation on extra-legal pensions has been introduced. The goal of this legislation is three-fold:

  • to avoid burdening employers with a huge financial cost;
  • to protect the goals of the law on extra-legal pensions (namely to increase the number of workers benefiting from an extra-legal pension scheme); and
  • to give unions and employers time to negotiate the necessary amendments to industry-level pension schemes.

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