Changes 2019 in employee benefit legislation

by Alexander Beard, on Jan 31, 2019 6:51:07 AM


Retirement

Every year several figures for pension plans in the Netherlands are updated. Please find the most important changes below.

Offset

 

Pension system

 

Minimum required offset 2018 Minimum required offset 2018
Final Pay € 15.099 € 15.599
Average Pay € 13.334 € 13.785
Defined Contribution € 13.334 € 13.785

 

The offset has to be taken into account because of the social state pension that all citizens of the Netherlands receive.

Maximum pensionable salary
The maximum allowed pensionable salary will be increased from € 105.075 to € 107.593.

State Benefit pension (AOW) age
The State Benefit is paid out to all citizens in the Netherlands. The total amount received depends on the number of years lived in the Netherlands and whether the person is single or living together with a partner. As per January 2013 the retirement age for the state pension (AOW) has increased and will continue to be increased in future years. In addition, the age threshold for all other social benefits has increased to the same level as the new AOW age.

The threshold has changed to 66 years and 4 months effective from 01-01-2019.

Health

In 2019 the mandatory deductible remains € 385 zorgpremie. The mandatory deductible does not apply to obstetric and maternity care and costs that are made at the general practitioner.

No large adjustments have been carried through on the coverage of the basic package, although the average premium increase is € 76,92,- per year for the basic insurance.

More and more people choose to only take out basic insurance. Additional Insurances, which cover for example dental and physiotherapy, become less popular.

Topics:EuropeHealthcare