Employees Counsel

  • A) Important Role Employees Counsel (EC)
    • The EC has i.e. the right to concur with proposed changes to the existing pension plan.
    • As many companies try to substantially decrease the amount of pension premium due to low interest rates, this role is important. 
    • In this process the EC has for example to take into account the amount and kind of proposed new pension claims as well as the amount of own contribution.
  • B) Pensions Complex Theme

    Pensions is a complex theme for the EC: 

    • There are many divers legal/tax/actuarial/product rules and specifications.
    • The EC has to compare several kind of pension providers.
    • The EC has to compare several kind of pension systems/pension claims/capital-risk coverages.
    • The EC has to take into account the current and future situation and anticipate.
    • The EC has to communicate with The Board as well as the Employees it represents.
  • C) Services for EC: Insight without Technicalities

    Towards the EC we present clear communications on headlines: Insight without technicalities.

    It is our pleasure to assist the EC with the following services: 

    • Workshop about pension legislation/systems/providers/claims/funding/own contribution /indexation/how to act as EC in pension mutation procedure. After which the EC can fulfill its role with confidence.
    • Consultancy about whether or not to consent with the proposed changes.
    • Communications towards The Board as well as the Employees it represents.