07-07-2025
Why Dutch Pensions Overhaul Will Reverberate in Swaps Market
The Netherlands is overhauling its pension system to adapt to an aging population and the fact that people no longer remain with the same employer for their entire working lives.
The Dutch occupational pension system is the largest in the euro area, with almost €1.8 trillion ($2.1 trillion) of assets under management as of the first quarter of 2025. It's embarking on a complex transition from so-called defined-benefit pensions to a new system involving defined contributions.
