Calculating savings due to raising the statutory pension age
The amount of AOW benefit used in the calculation over a given year is determined by dividing total expenditure on AOW benefits by the average number of recipients in that year. A minor adjustment is made to take demographic characteristics of the influx (new recipients) into account. For example, new AOW benefit recipients are more likely to have a partner than older benefit recipients (whose partner has passed away). Single AOW benefit recipients receive a higher benefit than recipients with a partner.