Existing company rights
No new pension in own management has been possible since 1 July 2017, following the statutory phase-out and grace period. Existing rights may remain in the company. Their terms still matter, including any indexation and annual valuation. Ending new accrual does not remove every obligation.
An existing old-age obligation (ODV) is a separate arrangement. Unless converted to a qualifying annuity, instalments generally start within two months after AOW age and run for twenty years. Earlier commencement is possible within legal conditions up to five years before AOW, with more instalments. Death and allocation among heirs require separate assessment.
New provisions
An external pension and personal annuity follow different tax rules. Not every pension contribution is deducted through personal annual allowance. An annuity can be insurance, a bank account or investment rights; deduction requires sufficient tax allowance and a qualifying product.
A 5% interest for income tax is not automatically the same DGA definition for every pension or employee-insurance rule. Have the relevant status and any compulsory participation assessed separately.
Checks
Plan using salary, profits, dividends, existing rights, liquidity, partner cover and business risk together. Avoid general promises of guaranteed insurance benefits or lower bank costs. Have specific proposals and changes around sale, emigration or liquidation reviewed by suitable external specialists.
What does BPH do?
Bureau Pensioen Hulp has no AFM licence. BPH provides general education and, on request, can introduce you to an external adviser using contact details only. BPH does not provide personal product recommendations, compare products for you or mediate in arranging them. Check an external adviser’s authorisation, services and fees yourself.
Frequently asked questions
Can I build new pension in own management?
No. Existing rights and an existing ODV still have their own obligations.
Does every external pension use my annual allowance?
No. Employer pension and personal annuity have different tax frameworks.
Sources and reference date
Reference date: 28 October 2026. Check your own scheme and current conditions before deciding.