The age at which people will start to receive their state pension in the Netherlands will remain the same in 2029 as in 2028: 67 years and three months.

Minister for Poverty Policy, Participation and Pensions, Carola Schouten, confirmed that the state pension age will be unchanged in 2029 in a letter to the House of Representatives.

The state pension age will remain the same in 2029 because the life expectancy of 65-year-olds has not increased.

More people than expected have died in recent years, with the excess mortality partly attributed to the Covid-19 pandemic.

Dutch pension fund PFZW noted that it has been estimated that 10 per cent more people have died in recent years than before the pandemic.

In 2023, 6 per cent more people will have died than expected.

The Central Bureau of Statistics (CBS) calculates the average life expectancy of 65-year-olds, and the age at which Dutch people receive their state pension is linked to the figures from Statistics Netherlands.

In 2029, a 65-year-old will have an average of 20.89 years to live.

Statistics Netherlands assumes that life expectancy will continue to increase in the coming years, but not as quickly than first thought.

The state pension age in the Netherlands is announced five years in advance and will rise to 67 in 2024.

It will remain at 67 until 2028, when it will rise to 67 years and three months.

Share Story: