The State Pension Age and Inequality in Old-age Social Security Wealth in the Netherlands

Adriaan Kalwij and Arie Kapteyn

No 34569, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Since the early 2010s, the state pension age (SPA) is one of the main public policy instruments in the Netherlands for inducing people to postpone retirement. The SPA has gradually increased from 65 years in 2012 to 66 years and 4 months in 2021. In the context of the Dutch old-age social security system, an increase in the SPA is hypothesized to decrease the retirement probability and to increase inequality in pension benefits entitlements. Empirical support for the two hypotheses is found with data on individuals aged 55–69 over the period 2011-2021. Inequality in old-age social security wealth has increased after 2015 for non-retirees. However, the findings do not support that this increase is because of the SPA increase.

JEL-codes: H0 (search for similar items in EconPapers)
Date: 2025-12
Note: AG
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.nber.org/papers/w34569.pdf (application/pdf)
Access to the full text is generally limited to series subscribers, however if the top level domain of the client browser is in a developing country or transition economy free access is provided. More information about subscriptions and free access is available at http://www.nber.org/wwphelp.html. Free access is also available to older working papers.

Related works:
Chapter: The State Pension Age and Inequality in Old-Age Social Security Wealth in the Netherlands (2025)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:34569

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w34569
The price is Paper copy available by mail.

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().