"The best pension system in Europe.” This country has overtaken Germany

The Netherlands is undergoing a significant pension reform affecting 18.6 million citizens, transitioning from a defined benefit system to a defined contribution model. This change allows individual retirement accounts, where pension amounts depend on personal contributions and investment returns. The Dutch pension system consists of three pillars: state pension, mandatory employee pensions, and voluntary savings. This reform aims to enhance transparency and individualization, benefiting all workers, including the 245,000 Poles living in the Netherlands, who will see their future pension benefits grow more clearly.