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Belgian Stability Programme

2008-2011

 

You are here : Belgian Stability Programme breadcrumb image Annexes breadcrumb image The basic assumptions of the Study Committee on Ageing

The basic assumptions of the Study Committee on Ageing

The government bases its long-term budget strategy notably on the estimates of the cost of population ageing drawn up by the Study Committee on Ageing. Each year, it updates its estimates of the long-term trend in social security expenditure. The basic assumptions it uses are as follows:

ANNEX 2
Summary of the basic assumptions adopted by the Study Committee on population ageing

Demographic scenario

2030 2050

 

Birth rate 1,69 1,74

 

Life expectancy at birth: male 80,9 83,9
  Life expectancy at birth: female 86,4 88,9
  Net migration 17 062 17 127

Socio-economic scenario (by sex and age group, impact of ageing on successive generations)

 

Standard of education

maintained at the latest recorded level

 

Potential activity rate, male

Modelled taking account of the cohorts and the probable switching between socio-demographic categories by sex and age group

  Potential activity rate, female
  Numbers leaving the labour force: disabled, older unemployed workers, persons taking early retirement or retirement

Macro-economic scenario (long-term)

 

Increase in productivity and annual wages per capita 1.75% per annum    

 

Structural unemployment rate in 2030 (including older unemployed persons not seeking work) 8 %    
  Employment rate in 2030 (% of the population of working age (15-64 years)) 69,2 %    

Social policy scenarios (long-term)

 

Pay threshold 1,25% per annum    
  Minimum entitlement per year worked 1,25% per annum    

 

Linking of benefits to prosperity (general scheme) 0,5 %    
  Linking of flat-rate benefits to prosperity

     1,0 %

   

 

Last update : 09-06-2008
 

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