Terug naar Encyclopedie

Payout of Dutch Pension in Amsterdam, Netherlands

How does AOW benefit work for Amsterdammers in treaty countries? Rules, supplements and applications with SVB for expats from Amsterdam. (14 words)

2 min leestijd
The Netherlands has social security treaties with over 45 countries, including the US, Australia and Israel, for the payout of AOW pension to residents of Amsterdam. As an Amsterdammer in a treaty country, you receive AOW without voluntary insurance, provided you meet the residence or work criteria in the North Holland region. The SVB pays out monthly to a Dutch bank account at ING or ABN AMRO in Amsterdam, or a local account, with a supplement for low incomes adjusted to Amsterdam living costs. No treaty? Then your AOW is halved after 15 years of emigration from Amsterdam. In case of double benefits, set-off applies with local pensions. Application via the 'Apply for Pension' form with SVB, with annual proof of life; Amsterdammers can go to the SVB office in The Hague or online via DigiD. Tax: often 2% levy in the Netherlands, plus local; declare via the Amsterdam Tax Office. Upon death, it passes to survivors via Anw, with local funeral rules in Amsterdam. Tip: check treaty status on government.nl and consult the Municipality of Amsterdam for expat advice. Disputes are resolved via SGB procedure. These treaties simplify pensions for Amsterdammers abroad and prevent double contributions, ideal for the international community in the capital.