WP 48 - Population ageing in the Netherlands: Demographic and financial arguments for a balanced approach

Table of contents

ABSTRACT ______________________________________________________________________ 5

1 INTRODUCTION _____________________________________________________________ 9

2  LIFE EXPECTANCY AND DEMOGRAPHIC PRESSURE: COHORT VERSUS CALENDAR

POPULATION___________________________________________________________________ 11

3 COHORT EFFECTS ON OLD-AGE REVENUE AND FUNDING _________________________ 17

3.1 Public old-age pension (AOW)_____________________________________________________ 20

3.2 Occupational pensions and private annuities ___________________________________________ 23

4 INEQUALITIES IN AGEING: SEX AND EDUCATION ________________________________29

5 CONCLUSIONS AND POLICY IMPLICATIONS _____________________________________ 33

LITERATURE ___________________________________________________________________ 37

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