Income pensioners in 2020

By Lodewijk Lagemaat
Posted in Background
Tags: , ,
January 20 2020

The new year 2020 has arrived. Much has been said about pensions in the past year. Many will await the first state pension with interest. Below is an explanation from Nibud followed by a press release.

The supplementary pensions are only touched upon. It remains curious that a government determines what happens with the pension funds raised by citizens by means of an actuarial interest rate. Another point of attention is that apparently nothing happens with the large amounts of money obtained through shares and the like and who determines that? Does this in turn partly go to bonus payments and salary indexation of the directors and are the pensioners (11e years in a row) to watch again? Below is an explanation.

Backgrounds to the calculations (Nibud Purchasing Power Calculator)

The term purchasing power development represents the amount of goods and services that can be purchased with net income compared to the previous year. The sample calculations have been converted to average monthly amounts. The percentage for 2020 is relative to the disposable income in 2019 of the example household. Tax advantages, holiday pay, child benefit and the like are already included in the net monthly amount.

The purchasing power of pensioners and people on benefits will hardly increase next year. This is evident from the calculations made by the National Institute for Budget Information (Nibud) on the basis of the Budget Memorandum presented by the cabinet today.

Purchasing power of pensioners uncertain

AOW benefits will go up and AOW beneficiaries will benefit from tax cuts. If the supplementary pensions are not indexed, the purchasing power of pensioners will therefore increase by 0,5 to 2,8 percent. Some pension funds have already indicated that they may have to cut supplementary pensions next year. In that case, the purchasing power of these pensioners will rise much less or even fall.

Euros per month

Single, AOW + € 5.000 + 0,9% €17
Couple, AOW € 17.500 and € 7.500 (without pension discount) + 0,2%  € 6
Couple, AOW € 17.500 and € 7.500 (with pension discount of 1%) - 0,3% - € 11
This press release is about the purchasing power of pensioners in the Netherlands

Subject to interim changes.

Source: Nibud

10 Responses to “Incomes of pensioners in 2020”

  1. ruud says up

    The problem with a word like purchasing power, or purchasing power development, is that it is different for every Dutch person.
    Purchasing power is about the content of a basket of goods, which will be different for everyone.

    If the diapers in that basket become cheaper, the purchasing power for people with babies will increase, but people without children will not benefit.

    Given the continuous rapid increase in the price of food, rent and energy in the Netherlands, you can assume that the poorer part of the Dutch population, who spend the largest part of their income on housing, energy and food, does not purchasing power will increase.

  2. January says up

    Dear Thailandblog followers, I hope for all of you that we will not see any shrinkage in the coming years!
    Then they will pay for it again for eu Countries or Banks that have to be rescued!

    What you should not know about Rutte …5:03 min info you should not miss !
    Economic Golden Shower ECB (((silenced by MSM))) https://www.youtube.com/watch?v=gGOEDqe4zxM

    The European Stability Mechanism (ESM) is a permanent financial emergency/robbery fund?
    which was set up to combat the acute problems in the eurozone in 2010.

    Saving banks is illegal and undemocratic: Arno Wellens and Paul Buitink>https://www.youtube.com/results?search_query=Arno+wellens+ESM

    n Example >Support to banks via countries .. If the Italians want to leave the Euro, they must pay off their accounting debt, which is insanely known as target 2 debt. An amount of at least 358 billion euros. That's all, then one can leave the sinking Euroship. The legal basis for these types of sanctions is nowhere to be found. In fact, nothing has been arranged or recorded with regard to the scenario that euro countries would voluntarily want to leave the euro. This apparently offers room for extortion and speculation.

    In short, all taxpayers are financially destroyed by the banks en masse, but the MSM prefer to ignore that so that you can sleep peacefully after an evening of Van Nieuwkerk and Jinek.

    Countries can apply for a loan from the ESM for the specific purpose of providing emergency loans to a bank. The IMF is going even further? Even more debt

    Deutsche Bank (2), plaything of billionaires and terrorists: Arno Wellens
    1:03:45 min info >https://www.youtube.com/watch?v=1apabwXknCE
    Greetings Jan

  3. Christina says up

    Let's not forget about insurance. Central increased by more than 100% our contents insurance and insurance car will change accidents / passenger insurance is now passenger insurance increase more than 6 euros per month checkout.

  4. January says up

    DNB makes 500 billion pension reserves invisible: Pieter Lakeman and Arno Wellens
    https://www.youtube.com/watch?v=mKEIVGzmthg

    32 billion disappeared from the ABP pension fund and other matters: Ad Broere and Rob de Brouwer
    https://www.youtube.com/watch?v=a-_UgQyFR7s

    Dr. Egbertus Deetman about the pension robbery and blunders of FNV and DNB
    https://www.youtube.com/watch?v=WqHCG92aPJo

    pensions YT : https://www.youtube.com/watch?v=ZqYS4bG_zvY

  5. January says up

    Ad Broere appendix lecture: pension robbery of 30 billion by the Dutch state!
    https://www.youtube.com/watch?v=FqGm2uS8YkE

    The monetary reset has started, Paul Buitink in conversation with Willem Middelkoop
    https://www.youtube.com/watch?v=U49khFl4RHo

  6. Leo Th. says up

    GfK, (Growth from Knowledge) an international market research agency, shows in a statistic from 2018 that the Netherlands was in 15th place in Europe in terms of purchasing power, behind Belgium and France. According to a report by Statistics Netherlands (CBS) in September 19, the Netherlands experienced the smallest average increase in purchasing power (2018%) in 0,3 since the end of the economic crisis in 2013. Partly due to the increase in the lowest VAT rate, the '18 and '19 figures differ little. In fact, the working population has improved slightly and the old age pensioners have deteriorated. For the state pensioners in Thailand, there is of course also the fact that they have also been faced with the strong Baht. While in the Netherlands, Minister Koolmees of Social Affairs recently announced that the temporary freeze on the state pension age will be lifted in 2022, employees in France can continue to retire at the age of 62. After all these years, nothing has been laid down about the possibility of early retirement for employees in the Netherlands with a 'heavy' profession. The ongoing discussions about forced reductions in pension benefits are cringeworthy. The year 2020 was only a few days old and people were already talking about unavoidable cuts in 2021. That, while the expected investment results of most pension funds, despite all obligations of the Dutch Central Bank, are predicted to be excellent for 2019. Incidentally, most employees in the Netherlands will be confronted with a higher pension premium in 2020, which will put considerable pressure on the increase in purchasing power in 2020 for them as well. And our government keeps telling us that we are doing so well economically. This may be true for the shareholders of the big companies, but the employees, let alone the pensioners, benefit very little from it.

  7. tooske says up

    All wonderful those purchasing power talks, but what is the reality.
    I am married and live in Thailand, and in 2020 I will receive a net € 6.00 more AOW and I will therefore give up € 10.00 on my ABP pension.
    All this because of the increase in the tax brackets, which completely cancels out the increase in gross income. But that's only in 2020, they promise.

  8. Jacques says up

    It is all delusion and this is not punished by voting behavior in the Netherlands. Big money takes care of itself and is helped by, among other things, politics on the right. It also bothers me that the pension companies have so little input, or at least they make it appear that way. Real involvement with their customers is hard to find. Do engage in self-enrichment, because they do it so well and are worth it. Do you believe it yourself? Sleep well because you are cared for and thought about. And wake up healthy again tomorrow.

  9. M. van de Wauw says up

    They just do whatever. Did they work for this?

    There is nothing left in this expensive time..

  10. W. Van Vliet says up

    Let's stop looking at other countries and fix things for me here.


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