In February and March this year, the Dutch Retail Pension Fund organized a Members' Assembly in order to adapt its investment strategy to more accurately make it mirror its 1.3 million members' preferences. The fund has a portfolio of about € 32 billion (June, 2022), and is one of the larger Dutch pension funds, probably ranking around number 10. It's the first time a Dutch pension fund organized a sortition-based members' assembly, or members' dialogue, as they called it.
The fifty selected members deliberated for three days on responsible investing of fund's money. Several experts provided them with information on the subject.
The members came up with 49 recommendations (page 61, report also available in English) to the fund's board. The board will respond to the recommendations after summer. The project was a collaberation with the Sortition Foundation and other Dutch and international experts, mentioned in the report.
Sources:
- Deelnemersdialoog, Dutch Retail Pension Fund, March 2024
- Dutch Retail Pension Fund, Wikipedia
- DemocracyNext Newsletter, July 2024, Substack.com
- Member's Dialogue Report, in Dutch and English, Retail Pension Fund website
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