2004
Volume 23, Issue 1
  • ISSN: 0169-2216
  • E-ISSN: 2468-9424

Abstract

Saving for prior times. The Dutch life course scheme and the balance between work and care

Saving for prior times. The Dutch life course scheme and the balance between work and care

This research note focuses on the contribution of the new Dutch life course scheme to the reconciliation of work and private life. It appears that an average worker has to save approximately 3% of their net income, for a period of 9 years, in order to finance a period of part-time parental leave for 10 month. Given the fact that the savings are not transferable, it seems impossible to finance a second period of level by the same parent, for example after the birth of a second child. It also appears that taking leave is relatively expensive in comparison to the use of child care services. The life course scheme does not guarantee a right to leave beyond the statutory rights either. The conclusion therefore should be that the life course scheme only offers limited support when it comes to the reconciliation of work and care. The strong elements of this 'saving for care' system, allowing for diversity and personal responsibility, seem only useful if the life course scheme is offered in addition to and as a supplement of a collective arrangement.

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2007-03-01
2021-12-01
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