Pension: how does it work?

Find out more about your pension. Watch these short films. We explain in just a few minutes per topic how your pension works.

And did you know that there’ll soon be a scheme that enables you to withdraw 10% of your pension in one go? Read more now.

How do you accrue pension in the Netherlands?

How does the TNO Pension Fund pension scheme work?

What is the difference between the state pension age and the target retirement age?

Occupational disability: how does this affect your pension?

Expected: Withdraw 10% of your pension

Would you like to receive a lump sum of your accrued pension? A law is being introduced to enable just that. You can then take a maximum of 10% of your accrued pension in one lump sum when you retire. This applies to the TOP scheme and the scheme for gross Additional pension and Net pension.

Lump sum

You can decide for yourself what you spend the money on. Travel, renovations, a major purchase, or maybe paying off your mortgage. You can do all of that with the ‘Lump sum’. The expected effective date of this law will probably be 1 July 2023.

What you need to know

We’ll be explaining how the new law works and what you need to be aware of in a short film. You’ll hear more as soon as the law has been adopted and the animation is available. Until then you can read more in the newsletter where we also explain the things you need to be aware of.

You can always watch the animations on the TNO Pension Fund website. You can find them on the website under Documents.