Dutch latest to increase retirement age
In the face of inexorably rising pension liabilities, the Dutch government has become the latest to propose a staged rise in the retirement age, with workers expected to retire at 67 from 2026.
The current retirement age of 65 will rise to 66 in 2020 and 67 in 2026, following measures set out in the Dutch 2010 budget, which it argued were necessary due to the rising costs of government and occupational pensions, increasing longevity and the concerns over future replacement rates in the labour
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