AOW insurance is separate from employment
AOW is based on insured years. Residents of the Netherlands generally remain insured when they stop working, although exceptions include some international situations. Stopping three years early therefore does not automatically cut AOW by 6%. Ask the SVB to confirm your insured periods.
When does AOW begin?
AOW age is 67 in 2026 and 2027. From 2028 it is 67 years and three months for the relevant birth cohorts. Check your own birth date with the SVB. Your workplace pension may have a different standard retirement date. AOW cannot be brought forward to fund early retirement.
The effect on workplace pensions
Stopping early usually means fewer years of workplace pension contributions. Starting that pension earlier also means paying it over more years, generally reducing monthly income. The outcome depends on the scheme, start date and your choices. There is no universal annual reduction of 6–8%. Request calculations for specific dates and check partner cover when leaving employment.
Build a bridge budget
Compare expected monthly net spending with available net income, first before AOW and then after it starts. Add the shortfalls and allow separately for unexpected costs and inflation. There is no general requirement to hold €200,000 or €300,000. Savings, part-time earnings, leave and any employer arrangement may each contribute to the bridge.
Compare net figures. Before AOW age you may still owe AOW contributions; these are not the same as all national-insurance contributions combined. Tax credits, benefits and tax depend on total income. Obtain scenario calculations before making an irreversible pension choice.
Frequently asked questions
Do I lose AOW by stopping work early?
Not automatically. Insurance status matters. Dutch residents usually remain insured; the SVB must assess exceptions.
How much capital do I need?
That depends on your net income shortfall before and after AOW, the duration and your buffer. There is no universal minimum.
How much will my workplace pension fall?
Ask your pension administrator for a calculation. The percentage varies with the scheme and start date.
Sources and reference date
Reference date: 27 October 2026. Check current conditions before making a decision.