No Smoke, No Mirrors: The Dutch Pension Plan

http://rss.nytimes.com/c/34625/f/640350/s/3f5e9591/sc/36/l/0L0Snytimes0N0C20A140C10A0C120Cbusiness0Cno0Esmoke0Eno0Emirrors0Ethe0Edutch0Epension0Eplan0Bhtml0Dpartner0Frss0Gemc0Frss/story01.htm

In the Netherlands, a system rests on the idea that each generation should pay its own costs — and that those costs must be measured accurately.

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