Netherlands - Pension System Overview

 

• IOPS Country Profile: Netherlands 2018 (pdf)

• Netherlands: Pension system in 2018 and Country specific findings  (Pensions at a Glance 2019. OECD and G20 indicators)
  
  
• Netherlands Quasi Mandatory funded pension profile, 2019 (ISSA/OECD/IOPS complementary and private pensions database)

Other resources

• Netspar, Network for Studies on Pensions, Aging and Retirement

Relevant policy papers:

• An Assessment of Alternatives for the Dutch First Pension Pillar, The Design of Pension Schemes (December 2013)
• OECD Ageing and Employment Policies: Netherlands 2014, Working Better with Age,
• Making The Dutch Pension System Less Vulnerable To Financial Crises, J. Høj, OECD Economics Department Working Papers No. 832 (January 2011)
• Investment Policy and Risk Management Committee Dutch Pension Funds: ‘Uncertain security’ (2010)
• The Old age pension system in the Netherlands, the Ministry of Social Affairs and Employement, (2008)

 

DNB Working Papers:

• ‘Is There An Optimal Pension Fund Size? A Scale-Economy Analysis Of Administrative And Investment Costs’, J. Bikker, DNB Working Papers No. 376, (April 2013)
• 'What drives pension indexation in turbulent times? An empirical examination of Dutch pension funds', D. Broeders, P. Hilbers and D. Rijsbergen DNB Working papers No. 368, (January 2013)
• ‘Are Retirement Decisions Vulnerable to Framing Effects? Empirical Evidence from NL and the US’, F. Teppa and M. van Rooij, DNB Working papers No. 366, (December 2012)
• ‘Is Information Overrated? Evidence from the Pension Domain’, Henriette Prast, Federica Teppa and Anouk Smits,  DNB Working papers No. 360, (December 2012)
• ‘Real Pension Rights as a Control Mechanism for Pension Fund Solvency’, J. Bikker, T. Knaap and W. Romp, DNB Working papers No. 311, (August 2011)
• 'Pension regulation and the market value of pension liabilities - a contigent claims analysis using Parisian options', D. Broeders, and A. Chen, DNB Working Paper No. 183/2008, (September 2008)
• 'Market valuation, pension fund policy and contribution volatility', M. van Rooij, A. Siegmann and P. Vlaar,   DNB Working Paper No. 159/2007, (December 2007)
• 'Pension fund finance and sponsoring companies: empirical evidence on theoretical hypotheses', E. Philip Davis, S. Grob and L. de Haan, DNB Working Paper No. 158/2007, (December 2007)
•  'Stock market performance and pensin fund investment policy: rebalancing, free float or market timing?', J.A. Bikker, D.W.G.A. Broeders and J. de Dreu, DNB Working Paper No. 154/2007, (November 2007)
•  'Pension fund efficiency: the impact of scale, governance and plan design', J.A. Bikker and J. de Dreu, DNB Working Paper No. 109/2006, (August 2006)
• 'Conditional indexation in defined benefit pension plans', J.A. Bikker and P.J.G. Vlaar, DNB Working Paper No. 086/2006, (January 2006)

 

Key regulatory and Supervisory Authorities

• Central Bank of the Netherlands (DNB), www.dnb.nl/en
• Ministry of Social Affairs and Employment, www.government.nl/ministries/ministry-of-social-affairs-and-employment
• The Financial Conduct Authority, www.afm.nl/en

 

Key official statistical reference and sources on private pensions

• Statistics Netherlands, https://opendata.cbs.nl/statline/#/CBS/en/
• OECD, Global Pension Statistics project, www.oecd.org/daf/pensions/gps