Premium Payment and AOW Accrual under Voluntary Insurance for Rijswijk Residents

For residents of Rijswijk who take out voluntary AOW insurance while residing abroad, premium payment is based on your income, similar to the wage tax you know from the Haaglanden region. The SVB calculates the premium amount annually and sends a personal assessment to your address in Rijswijk or your foreign place of residence. For 2024, the premium amounts to approximately 20% of your taxable income, with a maximum limit. If you fail to pay, you risk suspension of your accrued AOW rights, but catching up is possible with a penalty. Accrual proceeds via 'insurance years': each paid year counts towards a full AOW entitlement, up to a maximum of 50 years. If you emigrate after AOW age from Rijswijk, accrual stops, but your existing rights remain intact. Local tip for Rijswijk residents: correctly declare your foreign income via the 'AOW Premium Voluntary Insurance' form and link it to the municipality of Rijswijk for smooth administration. In case of divorce or death of your partner in the region, specific adjustments apply, such as recalculation of rights. Upon return to Rijswijk or elsewhere in the Netherlands, premium payment stops automatically. Ensure your address is up to date in the Personal Records Database (BRP) with the municipality of Rijswijk to prevent disputes with the Tax Authorities and SVB regarding your pension accrual. Rijswijk also offers advice on social insurance via the Rijswijk Counter.