Thursday, June 30, 2016

UWV 1.2 billion less spent on unemployment insurance benefits – NU.nl

In 2015, expenditures were 6.4 billion euros. That is, June 2016 memorandum, which has offered the UWV Thursday to Minister Asscher (Social Affairs). It is a decrease of 23 percent.

Also, expenditure was down for bankruptcy benefits under the influence of an improving economy. The sharp decline in the unemployment burden ensures that the asset position of the UWV funds for the improved first time since 2010.

The number of unemployment benefits decreased by 12.5 percent, from 450,000 early this year to 394,000 end 2017. the difference in rates is explained by the new unemployment legislation, payment in many cases has become a salary supplement in a new, lower-paying job. Therefore, the expenditure increases faster than the number of benefits.

The benefits paid under the WIA benefits (for disability due to illness), the Wajong (for young people) and IOW (unemployed from sixty years) downwards adjusted, but to a lesser extent than the unemployment benefit. Compared to the January note the Cabinet can count on a windfall to the benefit expense of 138 million euros.



Over 50

The number of over-50s applying for unemployment benefits is declined for the first time in years. In late May were 211,000 unemployment benefits provided to people over 50, 5000 less than two months earlier.

The number of benefits to people over 50 has doubled in the past six years. After the increase already leveled off recently, is now the first decrease seen thus UWV.

The body sees opportunities for over-50s in the hospitality industry. UWV expects to next year between 7,000 and 8,000 additional jobs recovery in the sector.

“Only 11 percent of people who work in the hospitality industry is older than 50, the lowest percentage of all sectors in the Dutch economy, “said UWV

By: Reuters

LikeTweet

No comments:

Post a Comment