Pension

A pension is income for later. When you retire you will receive a monthly income for the rest of your life, no matter how long you live.  

What will I get when I retire? 

When you stop working and reach the state pension age, you will receive money from the government. This state pension is called AOW. You often also save up more pension through your work. You receive a pension for as long as you live. You can also save up extra money for your retirement with a bank or insurance company. 

What you need to arrange 

If you are nearing retirement, you need to know what to do. Find out what you have to arrange when you retire.  

AOW 

AOW is a basic pension for people who have reached the state retirement age. The amount of AOW you get depends on, among other things, whether you have a partner and your living arrangements.  

Pension through your employer 

You often build up a pension through your employer. This means that every month you save money for the future. The pension is arranged by a pension administrator. This can be a pension fund, a pension insurer or a premium pension institution. 

You can ask your employer whether you are building up a pension and how much your pension is. Employers and pension providers must always give you information about your pension. 

Pension you arrange yourself 

You can take out your own insurance for your pension. For example, you can take out an annuity insurance policy or a single-premium policy. You can also invest or save for the future yourself. 

Pensions for self-employed people 

You still build up your AOW if you are self-employed. If you want to build up more pension you will usually have to arrange this yourself. You can do this by saving or by purchasing an annuity insurance policy. 

Building up your pension and AOW 

Go to www.mijnpensioenoverzicht.nl to see how much AOW and other pension you have built up so far.