Recently passed AOW act will reduce the number of AOW recipients by half a million in 2025

Recently passed AOW act will reduce the number of AOW recipients by half a million in 2025

The projected number of over-65s will exceed 3.8 million in 2025. If no action is taken, the number of people entitled to the state old age pension (AOW) in the Netherlands would grow by 1.1 million relative to 1 January 2012. The bill passed by the Dutch Upper Chamber on 10 July will reduce the number of AOW benefits by more than half a million.