Living in Thailand: consequences for your state pension
If you start living permanently in Thailand before the age of 65, you are often no longer compulsorily insured under the General Old Age Pensions Act (AOW). You can voluntarily insure yourself for the AOW if you no longer accrue AOW.
Even if you work in Thailand, you are usually no longer insured for the AOW. For every year that you are not insured, your state pension will be reduced by two percent. You can prevent this by taking out voluntary insurance. You are usually insured for the AOW in the following cases:
- You are sent abroad by the Dutch government.
- You are temporarily sent abroad by your employer on the basis of a secondment statement.
At the Social Insurance Bank (SVB) can ask you whether AOW accrual will continue in your situation.
Voluntary AOW insurance
If you are not insured for the AOW and the Anw, you will receive a lower pension later and your partner will not receive a survivor's benefit if you die. Your minor children will also not receive an orphan's benefit if they become orphaned as a result of your death. With a voluntary insurance you are insured for the AOW and Anw. You can voluntarily insure yourself for:
- the state pension
- the Anw or
- the AOW and the Anw together
This can be done electronically via 'My SVB' using your DigiD or in writing using an application form. This must be done within one year after the end of the compulsory insurance for the AOW. To be eligible for voluntary AOW insurance, you must have been compulsorily insured for at least one year.
The insurance term of the voluntary insurance is limited to 10 years. If you were already voluntarily insured on 31 December 2000 and you remain so, this restriction does not apply. You can also take out insurance for a supplementary pension with a private insurer.
Back to the Netherlands
If you leave Thailand and come to live or work in the Netherlands, you are usually automatically insured again for the AOW and the Anw. Voluntary insurance is then no longer necessary. Therefore, please inform us as soon as possible from which date you will live or work in the Netherlands again. Do not forget to register with the municipality when you return to live in the Netherlands. You will receive an AOW pension from your state pension age. The voluntary insurance will then stop. You can possibly continue your voluntary Anw insurance after you have reached state pension age.
Sources: National government, SVB
I moved to Thailand at the age of 61.
So I was cut 4×2%. So 8%.
If I had voluntarily taken out additional insurance with the amount I had to pay
(note that this is no longer dependent on income) I had to pay the maximum premium
pay. So in my case 8%. Different for everyone else, I had
about 100 years to earn it back.
Are we not yet talking about what kind of conditions they are still up to for expats in the in
Abroad. They can still come up with cutbacks for us that are of no use to us
can do. But pay the maximum.
J. Jordan.
If you have no income, you pay the minimum premium and not the maximum premium. The minimum premium for 2012 is 496 Euro.
J Jordan. I think so too. I live and work in Thailand. Rather put money aside every month in my own account for later. Do I have control over it myself and am I not dependent on the whims of the government? As far as my pension accrued in the Netherlands is concerned, I will have to see what I receive in due course.
Well, you do pay the maximum premium, regardless of your income. With so many who never pay a premium but later join in, which is paid by the premium payers, you soon find out that you are paying way too much. That is why most expats do not do this. In addition, because of the pay-as-you-go system, there is nothing in the pot, your input is eaten immediately. Politics will then change the agreements made (logically nothing in the kitty and just let it bite). Taking care of old age yourself and managing the premium yourself usually works out much better. If you die early, there is a pot for the next of kin.
What about the Dutch who have been living in Thailand for years but have never deregistered. So they have officially always lived in the Netherlands and because AOW is calculated on the basis of living in the Netherlands and not on the basis of work, I think they will receive the full amount
yes, that's right, that's why there are many who don't unsubscribe right away and
in this way build up 2% aow every year for later.
Moderator: Please don't get personal
And that is precisely what is not the intention of the system and also one of the reasons that it will no longer work.
René,
I'm not even going to discuss the amount, but 496 Euro, if you think that's the minimum premium, I've got it with almost 2 times
generally never paid.
JJ
@john, you say this won't work anymore. then why is that so? I always thought it was enough to be registered in the Netherlands.