Belgium: banking sector signs 2015-2016 collective agreement

On 28 January 2016, following months of bitter negotiations, employers and unions in the banking sector have officially signed a collective labor agreement marking the closure of a raft of agreements signed in the second half of 2015. In it the social partners have committed to addressing issues related to stress and psychosocial risks.
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Key measures. Three key measures mark these negotiations. The first is included in a May 2015 agreement on allocations for employment towards the end of a career and concerns the lowering of the age limit to 55 for the right to receive ‘time-credit’ allocations. This affects workers who reduce their working time to part time work or to 1/5th under the proviso that the worker has completed 35 years paid employment.


The second measure is also contained in the May 2015 agreement, this time on suppl

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