One-time payment postponed again
The introduction of the one-time payment has been postponed again. The option still has to be approved by the House of Representatives and the Senate. This is no longer feasible before 1 January 2025.
You will hear from us as soon as the one-time payment is discussed
The assessment of the law on one-time payment has already been postponed several times. That is why we will inform you further as soon as it is clear that the law is really being discussed by the House of Representatives and the Senate.
What is one-time payment?
If you opt for a one-time payment, you can receive part of your accrued pension as a lump sum when you retire. This is a maximum of 10% of the value of your accrued retirement pension.
However, by withdrawing a lump sum on your retirement date, your monthly pension benefit will be lower afterwards. Also, there are conditions associated with this option. And a one-time payment can affect your taxes and benefits.
Why is there another postponement?
The House of Representatives will not discuss the bill until the end of September at the earliest. After that, the proposal still has to go through the Senate. After approval, pension funds still need enough time to inform participants. As a result, 1 January 2025 is no longer feasible.
The government indicates that 1 July 2025 is feasible, but that more postponement is also possible. It is also not yet certain whether the bill will be approved. With the postponement to 1 July next year, the delay increases to almost 5 years. That is why we will inform you when we are certain that the bill will be discussed.