The Dutch pension system is in the news again after an extensive New York Times report that shined light on a pension system that is “scrupulously funded” and “brutally honest” about its pension liabilities.
In light of that report, we though it would be appropriate to re-visit this 2013 video by PBS, which can be viewed above.
From the video description:
As cities and states across the U.S. grapple with their pension programs, we travel to one country — The Netherlands — that seems to have its pension problem solved. Ninety percent of Dutch workers get pensions, and retirees can expect roughly 70% of their working income paid to them for the rest of their lives. Olaf Sleijpen of the Central Bank of the Netherlands says “I think what makes it successful is that you basically force people to save for their old age.”