Even though interest in pensions is pretty low, the communication around the content is actually crystal clear. Last week, I took a moment to look into my own pension and asked: why do we need a new system anyway? Two clicks later, I had my answer — in bite-sized chunks, almost like a kids’ book.
So here you go—no clicks needed:
- More insight: your pension becomes more transparent and personal. Right now, many people have no idea how much they’ve accrued. Under the new system, you’ll accrue pension via a defined contribution scheme that shows exactly how much you and your employer contribute.
- It follows the economy: the money is invested. If the economy does well, your pension can go up. If not, it might go down. Luckily, there are rules in place to smooth out any extreme ups and downs.
- It fits your career path: gone are the days when people stayed with one employer for 25 years. Today, job switches and sabbaticals are common. If you stop accruing pension through your employer, the new system makes it easier to see what that means for your pension later on.
The future
Approaching 50 myself, I checked mijnpensioenoverzicht.nl It showed how much Dutch state pension (AOW) I can expect and what could change depending on the economy. But the most entertaining part? My predicted retirement date: 17 September 2043 —when I’ll be 68 and 3 months. The exact date is only confirmed 5 years in advance.
What will I do with this info? No idea. But it’s good to know what I might get each month. Honestly, it wasn’t too bad.
Pension 2.0 deserves a glow-up. So here’s a free slogan tip for all the pension marketers out there: Pension 2.0: We don’t just make it easier—we make it better.