As an employee in Rijswijk, you usually accrue pension through your employer. The premium is deducted from your salary or paid by your employer.
Operation of Pension Accrual
At many employers in Rijswijk, pension is automatically accrued for you:
- The premium is withheld from your gross salary
- Your employer often contributes a portion to the premium
- You accrue a portion of your pension annually
- The management of your money is handled by a pension fund or insurer
Different Pension Schemes
| Type | Description |
|---|---|
| Average Salary Scheme | Your pension is based on your average income |
| Defined Contribution Scheme | A fixed premium, where the pension depends on investment returns |
| Final Salary Scheme | Your pension is based on your final salary (rare) |
Franchise and Accrual Percentage
You do not accrue pension over your full salary:
- Franchise: a portion of your income over which no accrual takes place (due to State Pension)
- Pension Base: your salary minus the franchise
- Accrual Percentage: the annual percentage you accrue (usually 1.5-1.875%)
Pension When Changing Jobs
If you change jobs in Rijswijk or elsewhere:
- Your accrued pension is retained
- You can choose to transfer your pension (value transfer)
- With your new employer, you start a new accrual
Frequently Asked Questions about Pension
Is pension accrual always mandatory with an employer?
No, small employers in Rijswijk do not always have to offer a pension scheme. Check your employment contract.
Can I retire early?
Often you can stop working up to 5 years before your State Pension age, but you will then receive a lower pension amount.
How can I view my pension accrual?
Via mijnpensioenoverzicht.nl you can get an overview of all your accrued pensions with different employers.
Additional Questions about Pension Accrual
How much pension do I receive annually?
This depends on your scheme and income. In an average salary scheme, you often accrue 1.5% to 1.875% of your pension base. In a defined contribution scheme, it depends on investment results. Ask your employer for details or consult your overview.
What if I work part-time in Rijswijk?
You accrue pension over your part-time salary, but the franchise remains unchanged. This may mean you accrue over a smaller portion. Employers must treat part-timers equally in terms of accrual percentage.
Can I save extra for my pension myself?
Yes, via an annuity or bank savings you can accrue extra with tax benefits within the fiscal rules. Some funds also offer voluntary contributions. Consult a financial expert.
What is the difference between a fund and an insurer?
A pension fund is an independent organization for a sector, while an insurer is a commercial company. A fund offers more security in case of bankruptcy, an insurer more choices. Both manage your premium for later.
How does value transfer work when changing jobs?
With value transfer, you transfer your accrued pension to a new scheme. This can be advantageous, but check the conditions. Request a quote from both parties before deciding.
What if my employer in Rijswijk goes bankrupt?
Your pension remains safe, as it is managed separately by a fund or insurer. Funds have extra protection via the deposit guarantee scheme, insurers via insurance guarantee. Check mijnpensioenoverzicht.nl for your details.
How do I know if my employer is paying premiums?
Check your payslip to see if the premium is withheld. Via mijnpensioenoverzicht.nl you can see if premiums have been paid. If in doubt, ask your employer or fund for clarification.
For legal questions about pension, you can contact the Juridisch Loket Rijswijk or submit matters to the District Court of The Hague (district).