Reader question: What have AOW pensioners in Thailand arranged for their partner in the event of their death?

hi pim,
what do you sell, where are you located and what does the herring cost?
Furthermore, can the Thai partner and her family continue the business after you are no longer available? if you walk away they can go on, because that's their daily bad feeling they have from being dependent on a farang! if you leave, their whole life falls apart and gnaws at them every day. as your partner gets older there is almost no opportunity for her to get money and that is a danger for the whole family. if the case is well arranged it is tops and if there is a danger to the aforementioned with case and all, it only benefits you that you can live for free (from the income of the shop) and give you more comfort than her. however, I know many cases of the latter and that is sad. there are also good cases so i would say the guarantee for the partner is the most important and the benevolence of the farang to understand that.
regards skippy.

Jan why do you say that Pim's reaction has nothing to do with the reader's question? Ko asks what people do to support their partner financially after they die? Pim says that he has set up a shop to provide his partner with financial resources when he dies and his state pension ends. Nothing wrong with that I guess? I'm just asking if that shop can actually be continued if he disappeared before or after his death.
regards skippy.

Good idea, I gay arrange this tomorrow at krungthai bank, thanks for the tip!

robbi, how old are you now, because i don't think that applies to all ages.

I think it's a wonderful idea.
I have increased my dela benefit nicely, only they steal a considerable amount because you are staying in Thailand.
but your idea is the solution provided the age before closing does not play a major role.
I am 75 years old but in good health.
Do you happen to know what the final age is to take out such a life insurance policy?

hello crane

My wife will also receive a survivor's pension for the rest of her life, so her future is financially secured. She has Belgian and Thai nationality, but that does not matter.
As my wife, she is also my only heir because there are no children.

There is a big difference between the Dutch AOW and the Belgian survivor's pension.
In the latter case, it is mainly the Belgian legislator that guarantees an income for the widow.
That amount is indeed linked to the professional career of the deceased man, and the compensation accordingly reflects this.
Do not forget, however, that after the death of their husbands, these ladies usually have to rely on their children or family for their social life and contacts. A Thai cannot live alone, that is both culturally and gene-bound. Which in turn means that money from that survivor's pension is sponsored to the children or family. Don't get me wrong, or don't get me wrong. Don't blame the Thai widow here. It is beautiful in Thai culture that the family stands up for each other. However, there is a financial obligation attached to that, that's just how it goes. The strong takes care of the weak. Our social security system does that, in Asia it is completely different.
Whether the Thai widow is a rich lady, I leave in the middle. She will mainly be approached financially by her family with her 'inherited' pension benefit. After all, those who have money almost have the maintenance obligation for those who are financially weak.
Again, think that in itself is beautiful. But it also means, if you are unlucky enough to have money, you also have the responsibility for the ups and downs of the family and the responsibility to help out financially.
So a rich madam of a survivor's pension, on paper maybe. But in reality not. She gets the headaches for free.
But dear Gerad, you should be glad to know that your wife certainly has financial rights. And that is heartily granted. She will not go short in that area, but the complainant has more and more questions to ask.
Would have liked to know or read here whether the Netherlands knows or has known such a system.

of course he will receive the survivor's pension after your death (after your retirement age). If you have arranged this with ABP and OHRA, this is no problem. (You even receive an annual overview every year with what you and your partner will receive after your death) And for every year that he has lived in the Netherlands, he will receive 2% AOW. (I think there is a minimum of 5 years attached though). You only build up an AOW pension by living in the Netherlands, not by getting married there.