Social Security Incentives in Belgium: An Analysis of Four Decades of Change

44 Pages Posted: 17 Sep 2018

See all articles by Anne-Lore Fraikin

Anne-Lore Fraikin

University of Liège

Alain Jousten

University of Liege; IZA Institute of Labor Economics; Netspar; International Monetary Fund (IMF)

Mathieu Lefèbvre

University of Strasbourg

Multiple version iconThere are 2 versions of this paper

Date Written: August 2018


The paper traces labor market reforms over the last four decades. It provides estimates of retirement incentives for a selected set of typical worker profiles across time and socio-economic groups and links these series to the labor market performance in Belgium. The results show that the numerous retirement and social security program reforms have had a marked impact on incentives at the micro level. At the aggregate level, results are less clear-cut given the extreme diversity of programs and features in the Belgian institutional context.

Keywords: retirement, social security, pension, labor supply

JEL Classification: J21, J26, H31, I38

Suggested Citation

Fraikin, Anne-Lore and Jousten, Alain and Lefèbvre, Mathieu, Social Security Incentives in Belgium: An Analysis of Four Decades of Change (August 2018). IZA Discussion Paper No. 11775, Available at SSRN: or

Anne-Lore Fraikin (Contact Author)

University of Liège


Alain Jousten

University of Liege ( email )

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IZA Institute of Labor Economics

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International Monetary Fund (IMF)

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Mathieu Lefèbvre

University of Strasbourg ( email )


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