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April 13, 2021

Optimizing the life cycle path of pension premium payments and the pension ambition in the Netherlands

Publication

Pension premium rates and pension benefits are independent of age or family situation in the second pillar of the Dutch pension system. In a life cycle model calibrated on Dutch data we investigate the optimal arrangement of pension premiums and benefits taking into consideration two factors: the fact that incomes generally rise with age and the presence of children in the early years of the household.

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