Nearly 800,000 new retirees in Belgium by 2020

Between 2014 and 2020, an average of 114,000 people are expected to retire in Belgium each year. That is an increase of 30% compared to the period between 2007 and 2010. At this rate, by the end of the decade the pensioner population will have grown by 798,000 people in six years, reports De Standaard based on figures from the Planning Board.

For every Belgian pensioner there are currently 3.7 people working. Towards the end of this decade there will be 3.3 people working for one retiree, and by 2060 there will only be 2.2 workers for each Belgian pensioner.

By then the Belgian population will have an average age of 44.5 years. Currently the average is 41.1 years, versus 39.6 years at the beginning of the century.