How Dutch Pensions Overhaul Is Rippling Through Bond Markets
SOURCE:Bloomberg|BY:Sarah Jacob, Alice Gledhill
The Netherlands is overhauling its pensions to adapt to an aging population and a labor market where people no longer remain with the same employer for their entire working lives.
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Elderly people sit on a bench at Scheveningen beach in The Hague, Netherlands.Source: Getty Images Europe
January 2, 2026 at 10:10 AM UTC
Updated on
January 2, 2026 at 11:03 AM UTC
The Netherlands is overhauling its pensions to adapt to an aging population and a labor market where people no longer remain with the same employer for their entire working lives.
A complex transition from so-called defined-benefit pensions to a new system involving defined contributions is due to be completed by the start of 2028. Some major pension funds made the move at the beginning of this year.