Dutch pension reform: the new pension system and consequences for employers
The Dutch pension system is undergoing a major reform. The new Pension Act in the Netherlands (Wet toekomst pensioenen) changes the way occupational pensions are organised. This Dutch pension reform has major consequences for employers. Pension schemes must be adjusted to comply with the new rules by January 1, 2028. Our pension advisors help employers prepare for the new pension system and make the necessary changes.
Quote for pension advice Future of Pensions Act
How the Dutch pension system is changing
The Dutch pension reform changes the way occupational pensions are built up. Under the new Dutch pension system, pension contributions are invested for each participant and pension outcomes will depend more directly on investment returns. This means pension benefits can move more closely with developments in the financial markets.
For employers, the reform means that existing pension schemes may need to be changed. The exact consequences depend on the current scheme, the pension provider and the agreements with employees.
When should employers prepare for the Dutch pension reform?
Pension schemes that need to be changed must comply with the new rules by January 1, 2028. Employers should start preparing well before this deadline. Changing a pension scheme takes time, especially when employees or the Works Council need to be involved.
Pension transition plan for employers
Adapting to the new pension act must be done carefully. Pension providers and employers are therefore legally obliged to draw up a transition plan. Contact us so we can explain exactly what is expected of you and how we can help you with this.
Pension advice on the new Dutch pension system
The transition to the new Dutch pension system requires employers to make important choices about their pension scheme. But you are not alone. We will guide you every step of the way. We also make sure the participants are well-informed and involved in the choices. Good pension communication is indispensable in this regard. Call 0172 245 951 or request a quote, so we can schedule a no-obligation orientation meeting.