Belgium - OECD.org

Belgium Belgium : pension system in 2016 Key indicators: Belgium Belgium OECD. The pension system has two components: Average worker earnings (AW) EUR 46 570 34 803. an earnings-related public scheme with a USD 49 004 36 622. minimum pension and a means-tested Public pension spending % of GDP safety net. Life expectancy at birth at age 65 Population over age 65 % of working- age population 1 2 Qualifying conditions Normal pensionable age is 65 for all. A full pension benefit requires 45 years of contributions. Early retirement is possible from age 61 given 39 years of contributions or at age 60 with 40 years of contributions. Benefit calculation Earnings-related The rate for the calculation of the pension for a single pensioner is 60% and for those with a dependent spouse, 75% (if the sum of the individual pension rights at 60% for both spouses is less advantageous).

Belgium Belgium: Pension system in 2016 The pension system has two components: an earnings-related public scheme with a minimum pension and a means-tested

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