herwaarderingsbeleid
Herwaarderingsbeleid, translated as revaluation policy, refers to the systematic adjustment of pension benefits and other social security payments to account for changes in the cost of living. The policy is designed to maintain the purchasing power of recipients in the face of inflation and other economic shifts. In the Netherlands, herwaarderingsbeleid is a key component of the Dutch pension system and applies to state pension schemes, occupational pension funds, and certain welfare payments.
The policy is typically enacted through legislation or binding agreements between employers, pension funds, and the
Historically, Dutch pension benefits were index-linked from the early 1970s, making herwaardering a cornerstone of Dutch
The Netherlands has introduced mechanisms to moderate the impact of herwaardering, such as caps, rule‑of‑thumb adjustments,