Common use of Pension and Retirement Clause in Contracts

Pension and Retirement. 4.17.1 Mandatory membership and participation ▪ Employers are required to join bpfBOUW (the Dutch construction industry pension fund foundation). Employees are required to participate in the pension scheme that bpfBOUW administers for the construction & infrastructure sector. ▪ The bpfBOUW regulations state which rights and obligations the employer and the employee have in this regard and specifies the contributions as well.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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