Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/52107 
Year of Publication: 
2011
Series/Report no.: 
IZA Discussion Papers No. 5759
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
We analyze expectations of the Dutch population of ages 25 and older concerning the future generosity state and occupational pensions, the two main pillars of the Dutch pension system. Since the summer of 2006, monthly survey data were collected on the expectations of Dutch households concerning purchasing power of occupational pensions, eligibility and purchasing power of old age social security benefits, and the average retirement age ten or twenty years from now. We investigate how these expectations have changed over time and how they vary with socio-economic characteristics. Exploiting the fact that we have data until September 2010, we also analyze the effect of the recent financial and economic crisis. We find significant differences in expectations of different socio-economic groups, mainly suggesting that groups who are probably better informed were also more pessimistic.
Subjects: 
subjective probabilities
old age social security
occupational pensions
JEL: 
D84
H55
J26
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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