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Dutch Pension 2021 Netherlands Retirement Age

by Financial Economy

After working all our lives, when we reach a certain age, we want to retire, rest and continue our lives by doing the activities we love. As we all know, there is a pension system in all countries. People who have completed a certain day in their working life retire according to the law and receive a pension. Likewise, this is the case in the Netherlands. You can find the answer to all your questions about how to retire in the Netherlands, how much is the Dutch pension, in our article titled Dutch Pension 2021 Netherlands Retirement Age.

Dutch Pension 2021 Netherlands Retirement Age

How Much is the Nhetherland Pension?

The pension in the Netherlands differs according to the job / profession during the working period. For example, the pension of a teacher is not the same as the pension of a mayor. At the same time, the Dutch pension is set at around 770 Euros. Yon can browse here for Netherlands Minimum Wage 2021 and 2022.

What is AOW in Netherlans? What is the Netherlands Retirement Age?

AOW stands for the General Aging Act (Algemene Ouderdomswet). There is a certain retirement age according to the Dutch Pension Law. The retirement age can vary by years in the Netherlands. While the retirement age is 66 in 2020, it will be 67 in 2021. The retirement age will increase depending on the life expectancy in the Netherlands. In this context, the retirement age for the years 2022 – 2023 has been determined as 67 years and 3 months. The Dutch retirement age for 2024 has not yet been determined.

When Can I Get My Dutch Pension?

In the Netherlands, you can receive your pension on the day you reach the required age. To retire from the Netherlands, you must have worked for 50 years, that is, 50 years of savings.

How much is the Netherlands invalid pension? Netherlands Disability Retirement Conditions!

The situations that may cause disability retirement in the Netherlands are as follows:

  • Staying sick for 104 weeks
  • Increased incapacity rate
  • After being sick for 104 weeks, the person will be disabled by 35% and will be completely disabled in the next 5 years due to the related illness.

The Dutch invalidity pension varies according to the premium amount that the person has deposited in the Dutch Social Insurance System during the working period. In addition to this, the occupation of the person, that is the sector in which he works, also affects his pension. However, the Dutch disabled pension is at least EUR 500.

How Much is Dutch Widow’s Allowance?

The Dutch widow’s pension is also known as the Dutch survivor’s pension. After deductions, the Dutch widow’s pension is about 953.32 Euros including tax deductions and 764.57 Euros excluding tax deductions.

How much is the Netherlands Orphan’s Pension?

The Dutch orphan’s pension differs according to the age of the child. Orphans’ pensions are paid in special amounts for each age group, and monthly vacation allowance is also paid in May.

  • The Dutch orphan’s pension for children under 9 years old is approximately EUR 396.67 including tax deductions after deductions. The gross holiday allowance for the Dutch orphans is around 27.02 Euros.
  • The Dutch orphan’s pension for children between the ages of 10 and 15 is around EUR 561.55. Monthly vacation allowance is around 40.53 Euros gross.
  • The Dutch orphan’s pension for orphans between the ages of 16 and 20 is about 682.35 Euros. Vacation allowance is about 54.04 Euros gross.

How much is the Netherlands Nursing Pension?

The Dutch pension is about 683.90 Euros including tax deductions after deductions, 495.15 Euros excluding tax deductions. In addition to the sick care allowance, there is also a monthly vacation allowance.

You can browse here for detailed: https://en.wikipedia.org/wiki/Main_Page

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