Effective 1 Jan 2021, eligible employees in the Netherlands can agree with their employers to retire up to three years before the normal state pension age, under an act that passed parliament on 12 Jan 2021, with retroactive effect. Under the new law, employers pay eligible employees an early retirement payment but are not liable to pay the early retirement levy (RVU), which is currently 52% of the termination amount. These measures implement some of the pension reforms included in the “Pensioenakkoord,” agreed to in 2019 by the social partners and government.
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