The economy of the Netherlands is the 17th largest in the world in 2021 according to the World Bank and the International Monetary Fund. Its GDP per capita was estimated at $57,101 in the fiscal year 2019/20, which makes it one of the highest-earning nations in the world. Between 1996 and 2000, annual economic growth (GDP) averaged over 4%, well above the European average of 2.5% at the time. Growth slowed considerably in 2001–05 as part of the early 2000s recession. The years 2006 and 2007 however showed economic growth of 3-4% per annum. The Dutch economy was hit considerably by the financial crisis of 2007–2008, and the ensuing European sovereign-debt crisis.
Willem Drees Sr. was a Dutch politician of the defunct Social Democratic Workers' Party (SDAP) and later co-founder of the Labour Party (PvdA) and historian who served as Prime Minister of the Netherlands from 7 August 1948 to 22 December 1958.
Jozef Maria Laurens Theo "Jo" Cals was a Dutch politician of the defunct Catholic People's Party (KVP) now the Christian Democratic Appeal (CDA) party and jurist who served as Prime Minister of the Netherlands from 14 April 1965 until 22 November 1966.
A disability pension is a form of pension given to those people who are permanently or temporarily unable to work due to a disability.
Income tax in the Netherlands is regulated by the Wet inkomstenbelasting 2001.
Louis Joseph Maria Beel was a Dutch politician of the defunct Roman Catholic State Party (RKSP) and later co-founder of the Catholic People's Party (KVP) now the Christian Democratic Appeal (CDA) party and jurist who served as Prime Minister of the Netherlands from 3 July 1946 until 7 August 1948 and from 22 December 1958 until 19 May 1959.
A pensioner is a person who receives a pension, most commonly because of retirement from the workforce. This is a term typically used in the United Kingdom, Ireland and Australia where someone of pensionable age may also be referred to as an 'old age pensioner'. In the United States, the term retiree is more common, and in New Zealand, the term superannuitant is commonly used. In many countries, increasing life expectancy has led to an expansion of the numbers of pensioners, and they are a growing political force.
The Third Drees cabinet, also called the Fourth Drees cabinet, was the executive branch of the Dutch Government from 13 October 1956 until 22 December 1958. The cabinet was a continuation of the previous Second Drees cabinet and was formed by the social-democratic Labour Party (PvdA) and the christian-democratic Catholic People's Party (KVP), Anti-Revolutionary Party (ARP) and the Christian Historical Union (CHU) after the election of 1956. The cabinet was a centrist grand coalition and had a substantial majority in the House of Representatives, with Labour Leader Willem Drees serving as Prime Minister. Prominent KVP politician Teun Struycken served as Deputy Prime Minister and Minister of the Interior, Property and Public Organisations.
Stichting Pensioenfonds ABP, frequently referred to as ABP, is the pension fund for government and education employees in the Netherlands. For the quarter ended 31 December 2014, ABP had 2.8 million participants and assets under management of €344 billion, making it the largest pension fund in the Netherlands and among the five largest pension funds in the world as at September 2016.
Defined benefit (DB) pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum, or combination thereof on retirement that depends on an employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns. Traditionally, many governmental and public entities, as well as a large number of corporations, provide defined benefit plans, sometimes as a means of compensating workers in lieu of increased pay.
Pensions in Norway fall into three major divisions; State Pensions, Occupational Pensions and Individual or personal Pensions.
Pensions in Spain consist of a mandatory state pension scheme, and voluntary company and individual pension provision.
The Second Drees cabinet, also called the Third Drees cabinet was the executive branch of the Dutch Government from 2 September 1952 until 13 October 1956. The cabinet was formed by the social-democratic Labour Party (PvdA) and the christian-democratic Catholic People's Party (KVP), Anti-Revolutionary Party (ARP) and Christian Historical Union (CHU) after the election of 1952. The cabinet was a centrist grand coalition and had a majority in the House of Representatives with Labour Leader Willem Drees serving as Prime Minister. Former Catholic Prime Minister Louis Beel served as Deputy Prime Minister and Minister of the Interior.
The National Social Assistance Programme (NSAP) is a Centrally Sponsored Scheme of the Government of India that provides financial assistance to the elderly, widows and persons with disabilities in the form of social pensions.
India operates a complex pension system. There are however three major pillars to the Indian pension system: the solidarity social assistance called the National Social Assistance Programme (NSAP) for the elderly poor, the civil servants pension and the mandatory defined contribution pension programs run by the Employees' Provident Fund Organisation of India for private sector employees and employees of state owned companies, and several voluntary plans.
The Swiss pension system rests on three pillars:
Pensions in Ukraine provide income for retirees in Ukraine. They are provided pursuant to the Law of Ukraine on Compulsory State Pension Insurance that specifies a three-tiered pension provision system.
There are various types of Pensions in Armenia, including social pensions, mandatory funded pensions, or voluntary funded pensions. Currently, Amundi-ACBA and Ampega act as the mandatory pension fund managers within Armenia.
This article is intended to give an overview of pensions in the Netherlands.
The pensions system in Austria is composed of three parts: occupational pensions, private pensions, and state pensions. However, private and occupational pensions are secondary to the public pension issued through the state. According to the Organization for Economic Co-Operation and Development (OECD), Austria's pension system is categorized as targeted. This means that their system is set up to prefentially benefit poorer pensioners than those that are better off.
