Key Benefits:
Law of 14 November 1996 regulating the consequences of the privatisation of the ABP for the pensions and benefits of the Royal Court's staff (Law on the privatisation of ABP for the staff of the Royal Court)
We Beatrix, at the grace of God, Queen of the Netherlands, Princess of Orange-Nassau, etc. etc. etc.
All of them, who will see or hear these, saluut! do know:
In this regard, we considered that it would be desirable to adjust the regulations on pensions and social security of the staff employed by the Royal Court of the House of Orange-Nassau and in accordance with the rules of the -to deal with the situation which exists since the privatization of the General Civil Pension Fund;
In this way, we, the Council of State, and with the mean consultations of the States-General, have been well-regarded and understood to be right and to be understood by the following:
For the purpose of this Act:
a. agreement: any contract in the field of pensions, early retirement and social security of the staff of the Royal Court of Justice which enters into the Foundation for the purpose of the implementation of such pensions, or benefits in respect of to transfer early retirement or social security to a third party, or an agreement amending such an agreement;
b. Royal Court staff: those who have been employed by the King to work at the Royal Court, as well as the Administration of the Crown Domain and the staff, meant by the Royal Court. Article 5 (3) of the Law on the financial status of the Royal House ;
c. [ Red: Expiring;]
d. Foundation: the Foundation for the care of the pensions of the staff of the Royal Court of the House of Orange-Nassau, established in The Hague, by notarial act of 24 March 1960;
e. Stichting Pension Fund ABP: The Foundation Pension Fund ABP, referred to in Article 6, of the Act of Privatization ABP .
1 An agreement shall be established only after the consent of Our Ministers of the Interior and of Finance.
2 Our Minister of Home Affairs shall notify the States General without delay of entering into an agreement and amending it without delay.
1 For the application of the Pension Act :
a. The Foundation shall not be considered to be an Enterprise Pension Fund;
b. The Foundation shall be considered an employer;
c. Participants in the Pension Scheme for the staff of the Royal Court are considered to be employees.
2 The Implementing Convention, referred to in the Pension Act , by means of an agreement between the Foundation and the Stichting Pension Fund ABP, shall be deposited with the latter, unless our Ministers of Home Affairs and Finance decide otherwise at the request of the Foundation.
The agreement concluded on 19 August 1960 between the Foundation and the General Civil Fund, which was last amended on 21 February 1992 and adopted on 1 January 1996, Article 24 of the Privatization Act ABP has been transferred to the Stichting Pension Fund ABP under a general title, to be regarded as an agreement as referred to in Article 1 of the Treaty. Article 3, second paragraph .
If the employers in the sector allow the commitment of pension to be carried out jointly by a different pension performer than the ABP pension fund, the implementation of the Foundation's commitment to the pension is to be implemented in the form of a commitment on the part of the Foundation. pension by means of an agreement between the Foundation and the other pension executor of the latter, unless our Ministers of the Interior and Finance decide otherwise at the request of the Foundation.
The Law of July 27, 1960, introducing measures relating to the pensions of Royal Court Staff ( Stb .1960, 314) is hereby repealed.
This Act shall enter into force from the day following the date of issuance of the State Sheet in which it is placed and operates back up to 1 January 1996.
This law is cited as: Law implications privatization ABP for the staff of the Royal Court attitude.
Burdens and orders that are in the State Sheet will be placed, and that all ministries, authorities, colleges and officials who so concern will keep their hands on the precise execution.
Issued in Gravenhage, 14 November 1996
Beatrix
The Minister of the Interior,
H. F. Dijkstal
The Secretary of State for Social Affairs and Employment,
F. H. G. de Grave
Published on the 28th of November 1996The Minister of Justice,
W. Sorgdrager
