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In The Netherlands: - Pensions are already "squeezed" (people get less pension than they originally were told they would) - The age you can retire was alway 6
by leokennis 7y ago
In The Netherlands:
- Pensions are already "squeezed" (people get less pension than they originally were told they would)
- The age you can retire was alway 65, now it's 67 and growing with life expectancy (every year of life expectancy = 8 months later retirement)
- Pension funds want/lobby for more lenient rules so they need to have less cash on hand...not sure if they'll get it
- brnt 7y agoThe Dutch Planning Bureau publishes graphs of net-benefits people on average may get out of the pension system, and those numbers as function of your birthdate are quite staggering: https://tweakers.net/ext/f/YflHE563fficH8f0MAv7zIFj/full.jpg https://tweakers.net/ext/f/YflHE563fficH8f0MAv7zIFj/full.jpg
- NotSammyHagar 7y ago8 months later retirement per year of life expectancy sounds like a lot but this is hard for me the visualize. because life expectancy isn't going up that fast, right? It's similar to how I see social security in the us not being adequately funded. We only need to increase funding a little bit to make it solvent. We could do some easy things like increase the cap on income that gets taxed (s.s. has max payment amount, and the tax that pays for it is a percentage of income but there's a cap on how much income they tax, so just increase that income tax cap a bit).