Is there a Dutch Way to Pension Reform?

Gordon L. Clark

in Pension Security in the 21st Century

Published in print November 2003 | ISBN: 9780199261765
Published online August 2004 | e-ISBN: 9780191601248 | DOI:
 Is there a Dutch Way to Pension Reform?

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This chapter examines whether the Dutch pension system is prepared to meet the demands of changing labour markets and an aging population. The stock market crisis in 2002 exposed the vulnerability of Dutch pension funds. As a result, higher premiums are necessary to compensate for falling pension coverage ratios. Moreover, the slowdown in economic growth draws attention to the political difficulty of maintaining a strategy of debt-redemption under a recession. Thus, the pressure for pension reform in the Netherlands is expected to increase in the first decade of the 21st century.

Keywords: pension reform; pension policy; Netherlands; pension system; labour markets; aging population

Chapter.  11120 words.  Illustrated.

Subjects: Financial Markets

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