The purpose is to make it more efficient, more accurate, and have a simpler design.
The announcement is welcomed from many quarters.
The Pensions Agency notes that the current system is complicated and difficult for pensioners to understand. Moreover, the goal of the basic protection is unclear.
The SPF Senior Citizens see the proposal in a positive light, but want to see more:
”The policy must also make decisions on higher income pensions for today's and tomorrow's pensioners, so that it pays to have worked for their pension”, writes the pensioner organization in a press release.
