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Raising the age for eligibility for public old-age pension
Country of implementation
General short description of the innovation
The age to be eligible for the public pensions system (AOW) which was 65, is raised gradually until 66 years in 2019 and 67 in 2023. After 2024, the retirement age may be increased more depending on life expectancy.
Type of Policy
Duration of the policy
Since 2013 the public pension age has started to raise gradually
Scope of innovation
- Scope: Structural
- Number of intended beneficiaries: All residents eligible for public pension
- Spatial coverage: National
General description of (intended) objectives and strategies
Raising the public pension age is seen as a strategy to decrease costs for the public pensions as well as to increase labour participation of older workers, against a background of changing demographics (more older people and increased life expectancy) and rising costs of the public pension system.
Nature of the innovation-long-term perspective
Structural institutional change
Type of innovation
- new/changed output and/or outcome
- others (New regulation concerning the age for eligibility for public old-age pension)
Intended target group
All citizens eligible for public pension
Actors involved in policy-making/implementation and/or evaluation
- central state (Regulation)
- employees (organised or individual)
- employers (organised or individual)
Clarification of the role of various actors
The process of changing the pension age has taken a long time and has been a topic of interest for social dialogue for many years. In 2011 a social agreement on pensions appeared to be agreed upon, which aimed at a flexible retirement age. Late 2011 however one of the unions withdrew its support because of an internal crisis. Because of this and because of the economic crisis the government by-passed the social agreement and set the new retirement age and decided on the gradual increase of this age.
- others (Increased public pension age)
Clarification of outcomes in terms of impacting resilience and labour market inclusion
Because the policy has only started in 2013 and because retirement age is increasing gradually, no data on outcome are available yet.