The number of pensioners rose for the first time last year to more than three million. The number of pensioners abroad, who mainly depend on pension transfers from the Netherlands, is now slightly above 50.000.

This is according to figures from the Central Bureau of Statistics. The total number of retired Dutch people abroad, who receive a relatively small pension (on average 270 euros), is much higher: that is about 270.000.

The number of Dutch citizens receiving pension benefits abroad has risen slightly in recent years. 'But that is mainly because the total number of pensioners is rising', explains a CBS researcher when asked.

'The share of retirees abroad in the total group has remained fairly stable in recent years.' In 2000 this was still 1,3% of the total number of pensioners; the last few years that percentage has been 1,7%.

aging

Between the first measurement in 2000 and the year 2011, due to the aging of the population, almost 600.000 pensioners were added. The share of pensioners in the total population increased from 15 to 18 percent during this period.

Austerity

As a result of the cutbacks in early retirement schemes, employees have been working longer in recent years.

The share of pensioners among the population aged 55 to 65 has been falling since 2006. Last year, 15 percent of all 55 to 65-year-olds were retired, in 2006 this was still 19 percent. As a result, the average age at which employees stop working rose from 61 in 2006 to over 63 in 2011.

65-plussers

In the longer term, the number of over-65s is the best approximation of the number of pensioners in the Netherlands. Statistics Netherlands currently counts approximately 2,6 million people aged 65 or older (15,6 percent). In 1950 there were only 770.000 (7,7 percent).

Their share is expected to rise to 25,9 percent in the coming years by 2040, which is equivalent to 4,6 million over-65s out of a projected total population of 17,8 million.

Source: RNW

12 Responses to “Many Dutch people abroad completely dependent on their pension”

  1. Joseph Boy says up

    It must be just me but I don't understand it at all. 50.000 pensioners living abroad depend on a pension from the Netherlands. Are those other 270.000 people so rich? In conclusion, 1 in almost 6 pensioners living abroad must be well-to-do, because they cannot lead a nice life on 270 euros. What fallacy am I making?

    • Gringo says up

      No, Joseph, you are not making a fallacy, the message is simply not correct. See CBS press release: http://www.cbs.nl/nl-NL/menu/publicaties/webpublicaties/dns/demografische-economische-context/publicaties/artikelen/archief/2012/2012-3649-wm.htm

      The report therefore concerns AOW recipients abroad, more than 50.000 in total or 1,7% of the total number of AOW recipients. Company or private pensions are in no way included in these figures.

      The second paragraph of the post on the blog can be deleted properly, because it makes no sense.

  2. Bass Cutter says up

    Joseph, I read it that way too. Not 1 out of every 6, but no less than 5 out of every 6 retirees abroad apparently have to live on their own resources after retirement. These are probably people who have spent all or part of their working lives abroad and therefore do not receive an OR but only a small part of the state pension and have to survive on their own savings for the rest after retirement. Although I am still working (in Bangkok for 10 years), I will be in the same situation in 2-3 years. With the current lousy returns on investments and super low savings interest rates everywhere, that doesn't really make you happy. Continuing to work, as much as possible, is the only practical remedy.

  3. Cu Chulain says up

    The number of retirees living abroad will decrease drastically within 20-30 years. Pensions that are no longer 100% guaranteed, stricter AOW requirements, rising retirement age. The current working generation can barely afford one house, in contrast to many retirees who have a second home. The difference between rich and poor is widening again. Anyone who can retire abroad in 1-20 years will be among the wealthiest.

    • Dirk de Norman says up

      Don't forget the hefty legacies to be expected? (even despite the inheritance tax.)

      Incidentally, after a few lean years, things can also go well again.

      • Cu Chulain says up

        Can I give you my address and name to which you can transfer the inheritance? 🙂 Unfortunately I can't look forward to that, my mother lives in a rented house and receives housing benefit, that says enough. Really, I am not being negative, but rather realistic and see how slowly everything that was built up in 100 hundred years of social rights is being broken down in 10-20 years. The discord, poor-rich, is becoming a fact again. The rich will be able to live abroad in the future, because remember my words, as people talk about child benefit, to adjust it for children living abroad, this will also be discussed with the AOW, after all it is a general facility. Only the higher incomes will be able to permanently settle abroad with a generous pension. What about the relaxed dismissal law? How can you still accrue a pension, pay for it monthly, if it is increasingly easy to get kicked out?

        • Dirk de Norman says up

          We are not talking about individual cases. (And for me there is nothing to inherit either.)

          Incidentally, playing the role of victim is almost a national trait with us. While we are still a very rich country with by far the best facilities and opportunities for everyone.

          It is a pity that this eternal jealousy reigns and is even fueled by political parties.

          Whining, whining and complaining while the shopping streets are filled with overweight people and plenty of affordable merchandise.

          Being pathetic is in!

          What are you paying attention to to save for your dream of living in a warm country when you grow up? It does of course mean that your choices and spending must now be geared to this.

          • Cu Chulain says up

            @Dik, being rich isn't that bad, and has nothing to do with whining. Of course, an outsider would think that all Dutch people are rich, waste the day shopping, and have an average amount of €40.000 (as recently emerged) in their savings account. Maybe you belong to that class, I don't, and this has nothing to do with complaining or being pathetic. With this you destroy every discussion or relegate dissent to souls or complainers, or people who are jealous. The fact is that more and more people are experiencing financial problems, and not just those who had too high a mortgage, but also ordinary workers and residents of rental properties. The upcoming relaxation of dismissals will create even more poverty, especially among older employees. At the same time, the car factories of Porsche and BMW (expensive car brands) in Germany are working overtime because a certain class is doing very well. This is objective and a fact, and has nothing to do with jealousy or complaining. Being pathetic is nonsense, it is a fact that many social services, which have been fought for for a century, are disappearing in a short time. Saving to live abroad in the future is not feasible for many, because an increasing group of people do not have any money left to save. Perhaps you are doing well financially, but it is too simplistic to label anyone who is not doing well financially as pathetic, jealous or throwing away money.

            • HansNL says up

              Cu Chulain

              You are quite right in your observation that the Dutchman is gradually becoming what he used to be, a piece of dirt.
              Indeed, social services will be demolished, the 40 plus workers will be laid off, health care will become unaffordable (not because of higher consumption but because of privatization), and so on.

              But, of course, it is true that a lot has been invested by the employees to get the better social benefits.

              And what are the current employees doing?

              That's right, complaining on all kinds of websites and blogs, canceling union membership (and you bet Wientjes cs are organized), driving each other crazy with all kinds of complaints, and so on.
              But what to do about it?

              And the consequence?
              That's right, the plebs are back in their place.
              After all, money and power is reserved for a few.
              Yet?

              PS, I am 65, have lived in Thailand for seven years, but I am still a member of the union.
              And you?

              • Cu Chulain says up

                @Hans, I was once a member of a union, but because they couldn't stop layoffs, I didn't see the point of a union afterwards and thank you. A Kok, and the lax attitude of the unions against the implemented plans of the cabinet, including the forthcoming relaxation of dismissals, give me the feeling that the unions have lost their power and actually have nothing to say anymore. Power rests with employers and government. I only see one solution for Needrland. As strange as it sounds, we're still too good. Only when people are really evicted from their homes en masse, and there is real hunger, will people take to the streets again and will fight for social justice, like back in the 30s, the bread riots in the Jordaan. However, I hope it never comes to that. I respect anyone who still believes in the unions, but I only see a change from the NL people as the only possibility to change the (a) social policy of our government that focuses on employers and the well-to-do within society.

                • Wim van Kempen says up

                  So gather together and become a member of the union, together you are strong and not with a small group, this also applies to your voice in politics
                  The problem is that the workers are not going to vote and that leaves them too weak with too few seats

  4. HansNL says up

    In 2040, according to the article, the proportion of the population of retirees will have risen to 25%, or thereabouts.
    However, what many people, including many researchers or number-crunchers, don't see, or want to see for various governmental reasons, is the impact of the post-war birth explosion.
    This generation will start to die out around 2025 and will be almost completely extinct around 2040, after which the 67+ share of the population will suddenly plummet.
    And promptly all these idiotic claims fall through the cracks.

    In 2040 there will be a surplus of youth, well, youth.
    In any case, the proportion of elderly people will have fallen below normal proportions.

    As far as the aging of the pensioners is concerned, I have found that my pension fund has for years created a piggy bank for the aging of the pensioners (?).
    Doesn't seem to be really necessary, on the contrary, the average age of death is falling.
    Admittedly very little, but it does not seem to increase in the past 7 years.
    Wat nu?
    Are we then being cheated?
    Certainly……


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