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Downturn in number of new old-age retirees
In 2018 earnings-related pension expenditure amounted to 27.9 billion euros, up 800 million from the year before. The number of new old-age retirees fell back to 49,000, representing a decrease of almost 8,000 or eight per cent from 2017. The main reason was the pension reform that was put into effect in 2017.
View the money flows
The pension assets of the earnings-related pension scheme decreased in 2018 by 6.1 billion euros, amounting to 196 billion euros at year-end. The last time the pension assets decreased was in 2011, as a result of the euro crisis. Examine the money flows with the visualisation of the earnings-related pension money flows.