The average age at which people in the Netherlands are retiring has increased to 65 years and 11 months, three months up on 2022, national statistics agency CBS said on Monday. Last year, 86,000 people officially retired. 

The average age at which people stop work has been increasing steadily since 2013 when the state pension age began increasing. Last year, 75% had reached the age of 65 but in 2013 43% were 65 or older and in 2003 just 14%. 

Early retirement schemes in the private sector have also been largely phased out. In 2003, 24% of people retiring were below the age of 60, but that figure has now dropped to just 2%. 

The Netherlands has some 3.3 million pensioners and they now account for almost one in five of the general population.