Sectoral Pension Fund

Does your organisation fall within the scope of a certain Dutch industry-wide pension fund? This if often unclear for the employer. It is stated in the mandatory participation. For a layman, these are, sadly enough, often unreadable documents.

Have you received a letter or an inquiry form from an Dutch industry-wide pension fund about obligatory participation? Then get in contact with us soon. Possibly, an employee or the labour union has mentioned it to the pension fund. But also with fusion and takeovers, it is possible that you suddenly have to apply a CBA. Or you have broadened your activities with which an industry-wide pension fund or CBA is now applicable to you.

What do we offer?
Floreijn helps employers in the Netherlands to assess if the company needs to participate in an Dutch industry-wide pension fund. And what the consequences are of a particular CBA. We make the costs of a possible shift to a pension fund or CBA clear. And help employers with this transition. Your advantages are:

  • We have a lot of experience with sectoral pension fund research
  • Experience with implementing a CBA
  • Pension is often the most impactful and complex
  • We offer you clear and simple insight into the consequences, so that you can make the right decision
  • Noticeable experience with harmonising the terms of employment
  • We offer clarity into the unreadable scope of application

Floreijn does not just advice, but also supports you step-by-step in this complex matter. We start with analysing the business activities, and determining which CBA’s could be applicable. All possible mandatory participations and scope of application are then put in perspective against the business activities.
Next, we test which Dutch industry-wide pension fund of CBA is applicable to you. Then a financial analysis is made of the current costs in comparison to the costs of the CBA and pension fund. We determine if your company may be applicable to dispensation or that there are other reasons for exemption. Then, we help you with the actual obtaining this exemption. If the CBA is applicable, we help you to negotiate with the CBA-parties and with the implementations and communication of the new CBA.

For whom?
Companies with 50 or more employees, that are suspecting that they have to apply a certain CBA or have to participate in an Dutch industry-wide pension fund. Often, companies in the ‘making industry’ have to apply a CBA and pension fund. Furthermore, companies in the Netherlands that offer service and reparations next to their wholesale activities often have to start applying a CBA. But also companies that are connected to the government or are in the health sector.

Accountancy offices
A lot of accountancy offices use our knowledge and experiences. In commission of their clients, they employ us to advise and/or to investigate the sectoral pension fund. Are you employed at an accountancy office and are you seeking a strong partner that can help your clients?

Contact us for more information or an appointment

More about the sectoral pension fund

  • Mandatory pension

    A lot of industry-wide pension funds apply an obligatory pension plan. The ’Dutch Law Bpf 2000’ gives social partners the possibility to obligate a pension plan (for a part of) a complete sector. If this is the case, then the employer is required to subscribe his employees to this pension fund and pay a premium. Sometimes, even with retro-action.

    Mandatory CBA/ general binding declared CBA
    The Netherlands knows about 1,000 CBA’s, of which approximately 200 industry-specific CBA’s. Every obligatory CBA has a scope of application. This states which company should apply which CBA and for which employees this is applicable. Is an employer connected to a certain CBA, then the CBA is expected to be part of the individual terms of employment. As an employer, one can no longer manage their own terms of employment.

  • Consequences mandatory order

    The bond with a CBA or industry-wide pension fund can have big financial and labour law-related consequences. For the employer, as well as for the employee. Examples of this are a premium payment duty for the pension fund, or payments to sector funds of the CBA. The unjust not subscribing of employees to a pension fund can even lead to a liability of management, high fines and fiscal charges.

    Exemption participation pension fund
    In some cases, the law offers employers the possibility to exempt (dispensation) their participation to the industry-wide pension fund or CBA. Floreijn accompanies this process: from dispensation request to the actuarial calculation. From comparing the terms of employment to harmonisation to the CBA.

Our services & solutions

Pension Auditing

We offer a complete recalculation and inspection of the pension agreements

Pension Consultancy

We make sure you have grip on your pension schemes by presenting it in an understandable way

Pension Management

You can outsource your pension management to us. Or you can use our service as a ‘double check principle’

Pension Communication

You fulfill your duty of care and regulatory requirements, with our complete solution.

Health Care - & Disability Plans

We realize purchasing benefits, effectivity of claim processing & reintegration