---
title: "Top 3: Pension Systems in Denmark, Finland, and the Netherlands"
authors:
  - name: "Hougaard Jensen, Svend E."
  - name: "Lassila, Jukka"
    url: "https://www.etla.fi/henkilot/lassila-jukka/"
  - name: "Määttänen, Niku"
  - name: "Valkonen, Tarmo"
    url: "https://www.etla.fi/henkilot/valkonen-tarmo/"
    sameAs:
      - "https://orcid.org/0000-0001-9052-4390"
      - "https://scholar.google.com/citations?user=dNgtiMIAAAAJ"
  - name: "Westerhout, Ed"
date_published: "2019-04-02"
series: "ETLA Working Papers"
series_number: "66"
issn:
  - "2323-2420"
  - "2323-2439"
jel_codes:
  - "D58"
  - "E21"
  - "H55"
  - "H68"
  - "J11"
  - "J26"
language: "en"
publisher: "ETLA Economic Research"
keywords:
  - "Pensions"
  - "Pension taxation"
  - "Fiscal sustainability"
  - "Saving"
  - "Retirement"
identifier: "https://www.etla.fi/julkaisut/id/ETLA-Working-Papers-66"
abstract: "According to the 2018 Mercer Global Pension index, the pension systems of Denmark, Finland and the Netherlands are the best three in the world. This paper seeks to identify the common elements of success of these three pension systems, including the institutional framework within which they operate. We emphasize the collective and compulsory nature of the earnings-related pension schemes and the important role for social partners in all three pension systems. We also discuss what we believe are the most important challenges these systems face."
---

# Top 3: Pension Systems in Denmark, Finland, and the Netherlands

**Published:** 2019-04-02  
**Categories:** Publikationer, Working Papers  
**URL:** https://www.etla.fi/sv/publikationer/top-3-pension-systems-in-denmark-finland-and-the-netherlands/

#### Abstract

According to the 2018 Mercer Global Pension index, the pension systems of Denmark, Finland and the Netherlands are the best three in the world. This paper seeks to identify the common elements of success of these three pension systems, including the institutional framework within which they operate. We emphasize the collective and compulsory nature of the earnings-related pension schemes and the important role for social partners in all three pension systems. We also discuss what we believe are the most important challenges these systems face.

---

## Additional Information

**Lataa Pdf:** No

**Kirjoittajat:** Hougaard Jensen, Svend E. - Lassila, Jukka - Määttänen, Niku - Valkonen, Tarmo - Westerhout, Ed

**Kansikuva:** https://www.etla.fi/wp-content/uploads/etla-working-papers-66-kansi.jpg

**Key Words:** Pensions, Pension taxation, Fiscal sustainability, Saving, Retirement

**Jel:** D58, E21, H55, H68, J11, J26

**Paivays:** 02.04.2019

**Sivuja:** 12

**Kieli:** en

**Sarja:** ETLA Working Papers

**Sarja Nro:** 66

**Issn:** 2323-2420, 2323-2439 (Pdf)

https://jor.pm-research.com/content/early/2020/08/28/jor.2020.1.071

**Saatavuus:** 2

**Publication Research:** No

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