Cabinet reforms are affecting millions but we don't realise it yet: ING
10 years, 6 months ago

Cabinet reforms are affecting millions but we don't realise it yet: ING

Dutch News  

Dutch government reforms to the pensions and healthcare systems will increase the financial risks for richer people, according to an analysis of the changes by ING economists. The reforms will reduce the financial risks facing people with low incomes but will involve them spending more time working because of the later retirement age and taking care of elderly family members, ING says in a new report. Gigantic ‘People hardly realise how major the reforms are,’ chief economist Marieke Blom told current affairs show Nieuwsuur. The increase in the state pension age will affect 536,000 people who cannot retire at 65, costing them an average of €12,000 a year, the ING economists say.

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History of this topic

Dutch people think more negatively about housing, safety and health, study finds
1 year, 6 months ago

Dutch people think more negatively about housing, safety and health, study finds

NL Times  

For the second year in a row, Dutch people have become more negative about issues such as housing, social involvement, health, and safety, according to a study by Rabobank. The bank also notes that the broad prosperity of Dutch people is not recovering this year, after deteriorating last year. According to Rabobank, incomes have indeed improved "significantly," mainly due to …

Government faces a busy year with two elections and headache issues
6 years, 3 months ago

Government faces a busy year with two elections and headache issues

Dutch News  

The ‘yellow vest’ protest movement may have failed to take off in the Netherlands so far, but the Dutch government does face a number of challenges in 2019 – not least of all two important elections. ‘There is no time to lose for this cabinet.’ NOS political correspondent Ron Frensen says that 2019 is the year in which the cabinet …

Unions says ministers must freeze retirement age, or face no new pension deal
6 years, 7 months ago

Unions says ministers must freeze retirement age, or face no new pension deal

Dutch News  

The cabinet must come up with more money for the state pensions by freezing the pension age, if it wants the unions to make a deal on reforming the entire system, the FNV trade union said on Friday. The FNV, the biggest pension federation in the Netherlands, said in a statement it will be ‘very diffcult to make an agreement …

UK retirement bill up more than £1 trillion in five years as pension crisis escalates
7 years ago

UK retirement bill up more than £1 trillion in five years as pension crisis escalates

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “The figures published by the ONS today are astonishing …

Dutch retirement age frozen due to new life expectancy figures
7 years, 4 months ago

Dutch retirement age frozen due to new life expectancy figures

Dutch News  

Developments in Dutch life expectancy mean the state pension age will not be increased in 2023, social affairs minister Wouter Koolmees confirmed on Friday. Last November the government decided to increase the state pension age in 2022 to 67 years and three months, based on new life expectancy figures. National statistics office CBS said on Friday that life expectancy in …

Dutch retirement age frozen due to new life expectancy figures
7 years, 4 months ago

Dutch retirement age frozen due to new life expectancy figures

Dutch News  

Developments in Dutch life expectancy mean the state pension age will not be increased in 2023, social affairs minister Wouter Koolmees confirmed on Friday. Last November the government decided to increase the state pension age in 2022 to 67 years and three months, based on new life expectancy figures. National statistics office CBS said on Friday that life expectancy in …

Pension reforms well on the way, says economic advisory body
7 years, 11 months ago

Pension reforms well on the way, says economic advisory body

Dutch News  

The Netherland’s main government economic advisory body has laid out changes necessary to tackle the effects of an ageing population on pensions, the Volkskrant writes. A private pension pot for all citizens, fewer hard and fast guarantees as to future pay outs and greater transparency will be some of the new features, the SER told Edith Schippers, who is currently …

Pension reforms well on the way, says economic advisory body
7 years, 11 months ago

Pension reforms well on the way, says economic advisory body

Dutch News  

The Netherland’s main government economic advisory body has laid out changes necessary to tackle the effects of an ageing population on pensions, the Volkskrant writes. A private pension pot for all citizens, fewer hard and fast guarantees as to future pay outs and greater transparency will be some of the new features, the SER told Edith Schippers, who is currently …

Today's Dutch pensioners 'have never had it so good'
8 years ago

Today's Dutch pensioners 'have never had it so good'

Dutch News  

Claims during the election campaign that many Dutch pensioners have less to spend than they used to are not born out by the facts, the national statistics office CBS said on Tuesday. Over the past 20 years, the income of Dutch pensioners has gone up more than average and pensioners are more likely to own their own home, the CBS …

Dutch elderly on average much richer than 20 years ago
8 years ago

Dutch elderly on average much richer than 20 years ago

NL Times  

The current group of 65-year-olds and older in the Netherlands is much better off than the 65-plussers of 20 years ago, according to figures Statistics Netherlands released on Tuesday. Twenty years ago the picture was reversed, when the average income of the elderly was 22 thousand euros, compared to 23 thousand euros for the general population. The increased capital among …

Pressure mounts for major overhaul of Dutch pension system
8 years, 10 months ago

Pressure mounts for major overhaul of Dutch pension system

Dutch News  

Pressure is mounting in the Netherlands for a major overhaul of the current three-tier pension system, with a string of influential organisations and people calling for wholesale reform. The Dutch pension system is based on three parts: the state pension AOW, payable in full to everyone who has lived in the country for more than 50 years and at reduced …

Pressure mounts for major overhaul of Dutch pension system
8 years, 10 months ago

Pressure mounts for major overhaul of Dutch pension system

Dutch News  

Pressure is mounting in the Netherlands for a major overhaul of the current three-tier pension system, with a string of influential organisations and people calling for wholesale reform. The Dutch pension system is based on three parts: the state pension AOW, payable in full to everyone who has lived in the country for more than 50 years and at reduced …

Change in the Netherlands is s-l-o-w
9 years, 3 months ago

Change in the Netherlands is s-l-o-w

Dutch News  

Shifts in official policy in the Netherlands take a long time but when a decision is finally made, it is not going to change, writes economist Mathijs Bouman. Compromise It’s an agonisingly slow process but it does have one advantage: the decision is set in stone. The PVV succumbed in 2010 when it supported the VVD-CDA cabinet and the SP …

Taxpayers must find an extra £12bn by 2020 to fund benefits for pensioners
10 years, 4 months ago

Taxpayers must find an extra £12bn by 2020 to fund benefits for pensioners

Daily Mail  

Ageing population means cost the the taxpayer will soar over this decade for Fiscal Studies says pensioners are better off then workers Taxpayers will have to find another £12billion by the end of the decade to pay for benefits for pensioners, a leading think tank has warned. Scroll down for video Britain will be spending £12billion more on benefits for …

Cabinet reforms are affecting millions but we don't realise it yet: ING
10 years, 6 months ago

Cabinet reforms are affecting millions but we don't realise it yet: ING

Dutch News  

Dutch government reforms to the pensions and healthcare systems will increase the financial risks for richer people, according to an analysis of the changes by ING economists. The reforms will reduce the financial risks facing people with low incomes but will involve them spending more time working because of the later retirement age and taking care of elderly family members, …

Pension reforms will put up premiums at many companies
11 years, 8 months ago

Pension reforms will put up premiums at many companies

Dutch News  

Cabinet hopes of saving almost €3bn by reforming the corporate pension system will not be achieved if the new rules are brought in, sources have told Nos television. It is logical ‘to talk for longer about a complex subject like the pension system,’ prime minister Mark Rutte told reporters afterwards. Impact The home affairs ministry then asked civil service pension …

Pension reforms will put up premiums at many companies
11 years, 8 months ago

Pension reforms will put up premiums at many companies

Dutch News  

Cabinet hopes of saving almost €3bn by reforming the corporate pension system will not be achieved if the new rules are brought in, sources have told Nos television. It is logical ‘to talk for longer about a complex subject like the pension system,’ prime minister Mark Rutte told reporters afterwards. Impact The home affairs ministry then asked civil service pension …

Pension funds prepared to invest in mortgages, give more air to banks
12 years ago

Pension funds prepared to invest in mortgages, give more air to banks

Dutch News  

Dutch pension funds are now prepared to help finance banks’ mortgage portfolios, giving them more room to make new loans, the Financieele Dagblad reports on Tuesday. The thesaurier-generaal – the finance ministry’s top civil servant – has been negotiating with pension funds, government officials and banks for almost three years in an effort to kick start the housing market and …

Pension funds prepared to invest in mortgages, give more air to banks
12 years ago

Pension funds prepared to invest in mortgages, give more air to banks

Dutch News  

Dutch pension funds are now prepared to help finance banks’ mortgage portfolios, giving them more room to make new loans, the Financieele Dagblad reports on Tuesday. The thesaurier-generaal – the finance ministry’s top civil servant – has been negotiating with pension funds, government officials and banks for almost three years in an effort to kick start the housing market and …

Who voted to increase the pension age?
15 years, 11 months ago

Who voted to increase the pension age?

Dutch News  

The government’s decision to increase the official retirement age should be put to the public vote, writes Robin Pascoe. The government’s decision to increase the official retirement age is being sold as one of the ways to help the Netherlands out of the economic crisis. Indeed, an increase in the state pension age is a pretty major government move. An …

Who voted to increase the pension age?
15 years, 11 months ago

Who voted to increase the pension age?

Dutch News  

The government’s decision to increase the official retirement age should be put to the public vote, writes Robin Pascoe. The government’s decision to increase the official retirement age is being sold as one of the ways to help the Netherlands out of the economic crisis. Indeed, an increase in the state pension age is a pretty major government move. An …

Behind the geraniums
16 years ago

Behind the geraniums

Dutch News  

For years the government has been talking about trying to develop a more realistic attitude to retirement in the Netherlands. This was originally seen as a necessary measure to try to offset the cost of the greying population – fewer and fewer workers are faced with paying the bill for a growing army of pensioners. And now a gradual increase …

Behind the geraniums
16 years ago

Behind the geraniums

Dutch News  

For years the government has been talking about trying to develop a more realistic attitude to retirement in the Netherlands. This was originally seen as a necessary measure to try to offset the cost of the greying population – fewer and fewer workers are faced with paying the bill for a growing army of pensioners. And now a gradual increase …

House prices drive up pensioners’ assets
18 years, 3 months ago

House prices drive up pensioners’ assets

Dutch News  

Within three years Dutch pensioners will on average be richer than the younger generations, according to a social affairs ministry report. The report says soaring house prices are the biggest reason for the growth in wealth among the over-65s. The timing of the report is significant because of calls to make wealthier pensioners pay more towards the cost of the …

House prices drive up pensioners’ assets
18 years, 3 months ago

House prices drive up pensioners’ assets

Dutch News  

Within three years Dutch pensioners will on average be richer than the younger generations, according to a social affairs ministry report. The report says soaring house prices are the biggest reason for the growth in wealth among the over-65s. The timing of the report is significant because of calls to make wealthier pensioners pay more towards the cost of the …

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