Premium and Costs of AOW Voluntary Insurance in Rijswijk

In Rijswijk, the premium for the AOW voluntary insurance amounts to approximately 20% of the minimum wage per year, which comes down to about €1,500 to €2,000 per missing year in 2024. This premium is tax deductible as 'contribution to social insurance premiums', ideal for Rijswijk residents with higher incomes in this prosperous municipality. Partners in Rijswijk or the Haaglanden region benefit from a discount if both participate. The SVB calculates the exact costs based on your gross annual income and indexes them annually; consult the SVB office in Den Haag for personal advice. Payment can be in instalments or one-off, with remission via exceptional assistance from the municipality of Rijswijk for low incomes – check the Rijswijk Participation Act conditions. According to the Decree on voluntary AOW insurance (article 5), the insurance lapses upon non-timely payment, without refund. Return: per supplemented year, you receive approximately €1,200 gross AOW per year extra, indexed with inflation. Example for Rijswijk residents: supplementing 10 years costs €18,000, but yields €12,000 per year from AOW age. Take life expectancy into account; in case of early death, possible loss. Compare with private pension build-up or local Rijswijk pension advisors for the best choice in this region with a high standard of living. (218 words)