Implications for your pension accrual
Another few months and you will retire. A special moment, ushering in a new phase in your life. With (probably) more free time and opportunities for other activities. And the necessary changes in your income. As such, you will no longer receive a salary, but AOW and retirement pension. You will read more about these below.
Different kinds of income
Pension plan with Aegon
You participate in a pension plan with AEGON. Your pension fund will have built up over your years of employment with your employer(s). Your employer has paid the premiums for just that purpose. And you may have paid contributions as well. Now you are retiring and AEGON will pay you the pension you have earned. Have you also built up pension benefits with other pension administrators? If so, you will also receive pension benefits from them when you retire.
The pension agreement between you and your employer sets out all the necessary information about the retirement pension. In the pension statement, you can see whether and how much retirement pension you have built up at AEGON. To find out how much pension you have earned to date, visit www.mijnpensioenoverzicht.nl.
- See the pension statement
- Read the pension agreement carefully.
- Visit www.mijnpensioenovericht.nl
Social security insurance
The General Old Age Pension (Act) (AOW) is a state-provided basic income for adults age 65 years and older. If you live in the Netherlands, you are insured under the AOW. The level of the AOW benefit depends on how long you have been insured and your living situation. If you are registered in a municipality in the Netherlands, you will receive information about the AOW from the SVB six months before you turn 65 years of age.
- For more information, visit www.svb.nl
Annuity and endowment insurance
You may have taken out a private annuity or endowment insurance to supplement your pension. Add these insurance policies to other plans. This gives you a complete picture of your pension situation.
- Read the terms and conditions of your insurance policy carefully.
- Add annuity and endowment insurance to other plans.