The Lifetime Redistributive Impact of Capital-Funded Dutch Supplementary Pensions&ast

Jan Nelissen ()

The Geneva Papers on Risk and Insurance - Issues and Practice, 2000, vol. 25, issue 3, 407-423

Abstract: Using a dynamic cross-sectional microsimulation model, this paper examines the effect of the Dutch supplementary old-age pensions on the distribution of equivalent lifetime income in the Netherlands. The redistributive impact of the public old-age pension, which already decreases due to aging, is largely undone by the supplementary pensions. As a consequence, the Dutch old-age pension system is hardly redistributive for the generations born after 1970. This would imply that one of the main objectives of the public old-age pension system has failed. The Geneva Papers on Risk and Insurance (2000) 25, 407–423. doi:10.1111/1468-0440.00073

Date: 2000
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