What changes with the Future Pensions Act (Wtp)

In simple terms, the Future of Pensions Act (WTP) is the reform of the Dutch pension system. Instead of guaranteed benefits (Defined Benefit), the new system focuses on the premium (Defined Contribution/available contribution scheme). The law aims to achieve a more transparent, personal and more explainable pension for all workers.

This means that for you as an employer (and the employee), a few things will change for you and your existing pension plan. Available contribution scheme as standard. Each employee accrues a personal pension pot, with a fixed contribution percentage and dependent return.

Flat premium, regardless of age. One percentage for all ages; the classic premium tier expires.

Simplified survivor's pension. Partner and orphans' pensions are determined as a fixed percentage of salary, regardless of years of service.

Scenario reports. Executor communicates expected benefits in various market and investment scenarios.