Millions of Dutch people will still have to deal with pension cuts, according to a number of large pension funds. There is not enough money in cash to meet the requirements of the government, 7 million Dutch people will feel that in their wallets.

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The corona crisis will probably also have far-reaching consequences for pensioners. The financial markets have collapsed and with it the funding ratios of pension funds. Four of the five largest pension funds are already in trouble. For some, the funding ratio is even below 85 percent.

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Mr Dijsselbloem wants to speed up the pension robbery. It's been going on for years, but it's not going fast enough for him. It is no different than a shift from the elderly to the employed. The elderly are stripped naked, the workers profit a little bit and the big loot goes to the financiers.

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