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Netherlands: More Willing to Work up to Pension Age
Dutch News
May
6, 2008
Netherlands
Government efforts to persuade people to work longer and to phase out early retirement schemes would appear to be bearing fruit, according to new research for the social affairs ministry.
The research shows that last year one in three workers was prepared to stay on the job until the official retirement age of 65, compared with just one in five in 2005.
And while the increase is marked across the board, some 44% of youngsters aged under 20 say they will work until they turn 65. People in their 30s and early 50s are the least likely to be willing to stay in work, the research found.
The government has made encouraging people to work longer one of its priorities, arguing that longer careers are necessary to counteract the growing shortage of skilled labour and to help pay for the ageing population.
‘The results of this survey confirm earlier conclusions that the government-initiated discussion is having an effect,’ social affairs minister Piet Hein Donner said in a letter to MPs.
At the moment just one in five people over the age of 60 are still in work. This is largely due to the popularity of early retirement schemes, launched in the 1980s when labour was plentiful and youth unemployment was a key political issue.
Earlier this year, the OECD think tank said the Netherlands should increase the age at which state pensions are payable from 65 to 67.
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