Dutch government think tank wants more flexible pensions
The Centraal Plan Bureau (CPB), a Dutch government think tank, has proposed Dutch workers save less for their pensions so they can increase their liquid financial buffers.
The CPB has criticised the “lack of flexibility” of the Dutch pension system in a new policy brief. “More flexibility in the way Dutch pensions are being accumulated would be beneficial given the low levels of liquid assets of Dutch households,” the think tank said.
A quarter of households with more than €100,000 in accumulated pension rights has less than €4,000 in liquid assets, while a similar percentage of households with more than €200,000 in pension assets has less than €7,000 in readily available funds, according to CPB.
“Buffers of this magnitude give little room for manoeuvre in case of unexpected income shocks or expenditure,” the agency notes. Dutch pension assets total more than €1600bn.
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