The bullshit about all of this is in the 80s the Dutch system was flush with cash, everything was setup for success, easily Beiing a lble to pay for the wave of pensioners. Then our government decided that there was too much idle cash, cut on the payments into the system by giving employers a lower percentage to pay. The pension fund who UpTo then could only invest safely in government bonds and such where given the freedom to invest in the market and make higher yields. Now 30 years, the 2008 crash and a pandemic later… There is a cash crunch.
And the people that enjoyed the higher salaries because of the rebates to employers are complaining their pensions are not being indexed because they too got shafted, but some at least they own their houses. The people that retired only on the governments retirement plan are mega screwed.