1.7 million in Dutch workforce not linked to pension, raising retirement fears
NL TimesAbout 1.7 million Netherlands residents received an income from work in 2020 but did not contribute to a pension fund. A large part of this group also does not make up for that with other pension savings, De Nederlandsche Bank reported based on research into Statistics Netherlands data on pension accrual. Of the self-employed people who didn’t build up a pension in the first researched year, 92 percent still did not do so five years later. Workers who don’t accrue pension also build up minimal capital in other forms of pension savings, such as through life insurance. The government could also look at more severe options, like obliging groups with insufficient pension accrual to start saving for retirement or enforcing existing obligations more strictly.
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