Pension in recreation

The structure of your pension is not arranged in the CLA, but in the pension scheme for recreation employees. This means that participation in the pension scheme is mandatory for employees working in recreation companies. In addition to this pension, you will receive a General Old Age Pensions Act benefit (AOW) from the government. 

General Old Age Pensions Act

Everyone who lives or works in the Netherlands and is 15 years or older is automatically insured for the AOW. Each year you are insured, you build up 2%. If you were insured for the AOW for 50 years before reaching the AOW age, you are entitled to a full AOW. The AOW age is gradually being increased. You will receive your first AOW benefit on the day you reach the AOW age. On the website of the Dutch Government, you can find more information and see when you are entitled to AOW.

Pension

From the age of 18, you are required to build up an old-age pension with the Recreation Pension Fund, which also applies to partner pension on a risk basis and an orphan's pension.

You pay a premium for this pension. Your employer deducts this premium from your gross salary. You can see how much is deducted on your payslip. Your employer also pays a premium to the Recreation Pension Fund. You can ask him how much he contributes. This is not shown on your payslip.

In addition to the AOW and pension accrual, you can also take measures yourself to increase your income when you retire. One of the options is to build up additional old-age pension with the Recreation Pension Fund.

New rules for pension

The rules for pensions worked well for many years, but that is changing. Therefore, the unions, employers, and the government have jointly created new rules for pensions. The rules for your pension with the Recreation Pension Fund will also change as a result. 

3 reasons for new rules

• It is currently unclear for many people how much they pay for their pension and how much they build up. With the new rules, everyone builds up a pension through a premium scheme. In this pension, it is fixed how much money (premium) you and your employer put into your pension.
• People are increasingly changing jobs, taking breaks from work, or starting their own business. The pension rules do not currently accommodate this.
• Pensions do not always increase when the economy is doing well. With the new rules, your pension can increase faster than it does now. If things go worse, your pension can also decrease.