Well-being


Well-being is the term used to indicate that a benefit increases or decreases with the average increase or decrease in income in a country. The term can be used for, for example, pensions or social benefits.

The related term value indicates that the benefit is equal to the change in the price level. With a rise in real income, wealth-wise benefits increase more than a value-added benefit.

When it is agreed that a benefit will be prosperous, this can be defined using, for example, a payroll index, for example, the indices of the CAO wages as determined by the CBS.

The Dutch AOW benefit is intended to be prosperous.

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