Below summary by Chris Walker
When you retire, can you be sure your pension fund will have enough money in it to deliver your pension? This is a real issue in the US, where the most recent data suggest that public funds are holding just 67 cents for every dollar they owe to current and future pensioners.
The Netherlands, on the other hand, has no such problems. Through proper funding, being very disciplined and using rigorous valuing methods, Dutch pension plans are fully funded to the tune of $1.05 in the dollar, as a minimum.
Calls are increasingly being made in the US for the American pension plan system to be seriously overhauled – with the Dutch system being held up as the one to emulate.
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