What are the statutory pension benefits in the Netherlands?

In the Netherlands, everyone who reaches the state pension age is entitled to receive the general old age pension (AOW). This pension is built up over the years by residents and workers in the Netherlands.

Key points:

• The state pension age is 67 years in 2024.
• In 2028, the state pension age will increase to 67 years and 3 months.
• While pension contributions are not mandatory, it is common practice for employers to grant pension benefits.
• If an employer provides pension benefits, they must adhere to strict rules.