Work in progress: Belgian social policy under construction

After 493 days of intensive negotiations, Belgium has a new federal government¹  The largest amount released for the new policy is invested in social policy, i.e. 2.3 billion euros out of a total of 3.2 billion euros. The federal government’s objective is to protect social security and secure long-term financing. As a result, both the social security system and the pension system will be significantly modernized in the coming years. This contribution analyses the social policy where it becomes clear that the first pension pillar – the statutory pension – will be strengthened and the second pension pillar – the employer’s pension – extended.²