Applying for Part-Time Pension and Rules in Amsterdam
Part-time pension in Amsterdam offers flexible uptake while retaining employment tax credit and minimal revision interest. Ideal for Amsterdammers who want to gradually transition to full pension, with local collective labour agreement support.
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Arslan AdvocatenLegal Editorial
1 min leestijd
In Amsterdam, part-time pension combines working with partial pension drawdown, tailored to the city's dynamic labour market. From age 55, you can draw 10-50% while working part-time in sectors such as finance, tech or port logistics, without full revision interest. Tax-wise, this falls under box 1, with retention of partial employment tax credit – crucial for Amsterdammers with high living costs. Benefits: smoother AOW accrual via supplementary schemes at employers such as ABN AMRO or the municipality, plus flexible income planning for the expensive housing market. Disadvantage: pro-rata pension reduction still applies. Example: with 50% part-time pension, you receive €850 net extra per month on €1,700 gross pension, taking into account Amsterdam's tax burden. Rules vary per fund; local collective labour agreements in the Amsterdam Metropolitan Area often provide extra flexibility, such as with ABP or PME. Apply in good time via your pension administrator – expect 3 months processing time, especially with the administrative pressure in the region. Optimise your bridge pension with this and combine with Amsterdam's senior initiatives for working 55-plus.