Pensions

Welcome to Allen & Overy’s Employment Talk blog, sharing with you our views and insights into the latest trends and developments in employee pensions.

Dutch works councils get stronger rights of approval on pensions changes

Frank Doornik

Dutch works councils will shortly gain a new right of approval in relation to the adoption, cancellation or amendment of arrangements relating to a pension agreement – a potentially significant new power to block changes to a pension scheme, regardless of how it is structured (for example, with a pension fund, an insurer or a Read More

No Comments

Happy Birthday ERISA

Brian Jebb

Last month was the 40th year anniversary of the Employee Retirement Income Security Act (ERISA), that strange and complicated Act that is the cornerstone of the US employee benefits system. Over its 40 year history, ERISA has been frequently expanded and amended. While its focus has always been to protect plan participants’ benefits, ERISA will Read More

No Comments