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Netherlands: Lump-sum payment, early retirement, leave-savings bill

Netherlands: Lump-sum payment, early retirement

A bill presented to the lower house on September 3, 2020, would amend certain pension provisions.


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The bill—"Lump Sum Payment, Early Retirement Scheme and Leave Savings Scheme Bill” (Wetsvoorstel bedrag ineens, RVU en verlofsparen)—is part of the pension agreement.

In this bill, the government elaborates on three of the agreements made:

  • More freedom of choice in the use of the pension (lump-sum payment)
  • More options for early retirement (easing of the early retirement levy)
  • Greater scope to use the tax relief for saving leave for the purposes of early retirement (leave savings scheme)

Read a September 2020 report prepared by the KPMG member firm in the Netherlands

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