Terug naar Encyclopedie

Pension Fund Switch Tax Rules Westland

Switching pension funds tax advantageous for Westlanders under new law; retain rights without penalty in horticulture sector. Compare returns for optimal accrual.

1 min leestijd
Switching to a new pension fund under the Future Pensions Act (2023-2028) offers Westland entrepreneurs and employees from the greenhouse horticulture sector minimal tax consequences. Retention of accrued pension rights without revision interest, provided the premium percentage remains the same. Tax-wise, the transition falls within box 1, with possible compensation for indexation shortfalls through collective labour agreement arrangements in the Westland region. Conditions: the fund must approve the transition plan; voluntary switching is cost-free via local advisors. Specific to Westland: many greenhouse companies benefit from better investment returns due to sustainable investments in regional energy projects. Disadvantage: temporary dip in payouts due to high interest rate risks from energy price volatility. Example: €50,000 transferred capital from a Westland fund grows by an extra 2% thanks to a stronger focus on green investments. Check your personal transition proposal via mijnpensioenoverzicht.nl and weigh the risks with an advisor in 's-Gravenzande or Naaldwijk.