By OECD. Published by : OECD Publishing
Within the Netherlands, the percentage of individuals elderly sixty five and over to the working-age inhabitants will upward push to forty% via 2050. Without coverage adjustments, this would result in larger public bills, labour strength shortages, and slower fiscal progress.
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Extra info for Ageing and Employment Policies Vieillissement et politiques de l'emploi Netherlands
Source: National labour force surveys. AGEING AND EMPLOYMENT POLICIES: NETHERLANDS – ISBN-92-64-01208-7 © OECD 2005 CHAPTER 2. OLDER WORKERS IN THE DUTCH LABOUR MARKET – 45 However, this increase in older worker employment rates has been achieved during a period in which the economic situation improved dramatically, from a low initial level. 5). It seems that much remains to be done in the Netherlands to further improve employment among older persons. Taking the whole of older people, the rank of the Netherlands in 2003 was the 12th lowest for the group aged 50-64 and the 8th lowest for the group over 65.
The official age of retirement – 65 – is established in the first pillar to pay the basic old-age pension. A. First and third pillar pensions The first pillar is a pay-as-you-go (PAYG) pension financed through contributions paid by employees and the self-employed. 25% of taxable earnings and a special fund was created in 1997 to ensure the sustainability of the basic old-age pension. This fund receives annual deposits from general tax revenues. 8 The entitlement 8. g. in Sweden. AGEING AND EMPLOYMENT POLICIES: NETHERLANDS – ISBN-92-64-01208-7 © OECD 2005 CHAPTER 3.
10. Retention rates of employees in selected OECD countries a by age and gender, 1999-2004 Percentages Women 30 20 20 10 10 0 0 UK 55 -5 9 30 50 -5 4 40 45 -4 9 40 20 -2 4 50 60 -6 4 50 55 -5 9 60 50 -5 4 60 45 -4 9 70 40 -4 4 70 35 -3 9 80 30 -3 4 80 25 -2 9 90 20 -2 4 90 Belgium 40 -4 4 Sweden 35 -3 9 France 30 -3 4 Germany 25 -2 9 Netherlands 60 -6 4 Men a) Retention rates refer to the proportion of workers in 1997 who were still in the same job five years later in 2002. The age groups refer to a worker’s age in 1997.
Ageing and Employment Policies Vieillissement et politiques de l'emploi Netherlands by OECD. Published by : OECD Publishing