Want to know more about your pension contributions, pension accrual and various pension benefits? Or calculate your pension entitlements for different options, such as early retirement?
Visit the ABP website. The ABP website also provides more information about the new pension system.
Pension contribution for 2025
The pension contribution for the retirement and survivor’s pension at ABP will remain unchanged in 2025: 27.0%. Of this, 70% (18.9%) is paid by the employer and 30% (8.10%) by the employee.
ABP will increase all pensions by 1.84% on 1 January 2025. This is approximately half of the 3.56% price increase calculated by Statistics Netherlands (CBS). The reason for the partial increase is that the current coverage ratio on 31 October 2024 was not high enough. This was due to the sharp fall in interest rates in September and October, which caused a sharp decline in the current coverage ratio.
Freezing of maximum pensionable salary for tax purposes 2025-2026
Politicians have decided that the maximum tax cap for pension accrual referred to in Section 18ga, first paragraph, of the Income Tax Act 1964 will not be increased in 2025 and 2026. This means that the maximum pensionable salary for pension accrual in 2025 and 2026 will remain at €137,800.
Pension system reform
The Future Pensions Act will change the ABP pension scheme from 1 January 2027. Pensions will be divided into personal pension pots instead of the current collective pension pot. To ensure that the new pension system is implemented properly, a transition plan has been drawn up in collaboration with the trade unions and Independent Public Employers (ZPW), in addition to the content of a new scheme.
ABP is expected to start implementing and communicating the new ABP pension scheme in the first half of 2025.
Level playing field for pensions
Previously, consideration was given to whether the pension conditions of the UMCs could be brought more into line with those of general hospitals. Whether and how a level playing field in the area of pensions can be achieved with general hospitals will be reviewed again after the transition to a new pension scheme in 2027. The new ABP pension scheme offers more opportunities for sector-specific implementation.
