The Dutch Council of State (Raad van State, RvS) has issued a critical evaluation of the New Social Contract (NSC) proposal to implement referenda regarding the transition to a newly introduced pension system, characterizing it as likely to induce chaos within the pension sector.

Sources indicate that the Council has rated the proposal unfavorably, giving it a lower score than the recent asylum laws put forth by Minister Marjolein Faber of the Party for Freedom (PVV).

The proposal, advocated by NSC members Eddy van Hijum, Pieter Omtzigt, and Agnes Joseph, aims to allow pension fund participants the opportunity to vote on whether they wish to adopt the recently implemented pension system.

However, the Raad van State has deemed the proposed legislative amendment irredeemable, indicating that it could lead to significant complications in the management of pension funds.

The introduction of the new pension system has been a contentious issue, and the NSC's attempt to garner direct input from stakeholders through a referendum reflects ongoing concerns over public acceptance and the mechanics of the transition.

The Council's stark criticism highlights the broader challenges faced in reforming the pension framework in the Netherlands and the potential ramifications of introducing direct voting mechanisms in such a complex and structured area of governance.