- Daily & Weekly newsletters
- Buy & download The Bulletin
- Comment on our articles
Belgians 'largely unprepared' for retirement, survey shows
Nearly half of Belgians (48%) feel that they are not sufficiently prepared for retirement, according to a survey by CBC Banque. Eight in 10 are not aware of the various pension schemes (state pension, pension funds, savings plans, etc), writes De Morgen based on the survey, which looked at a representative sample of 1,000 Belgians.
The majority of respondents (70%) have no idea how much state pension they will receive. As many as six in 10 also indicate that they fear their pension will not be enough to maintain a desired standard of living.
CBC reports a sharp rise last year in the number of questions it receives about retirement. "We see a genuine fear among our customers, who are increasingly worried about the public financing of pensions," CBC's Xavier Falla told the newspaper.