Module 11: Social Security and the Pension Foundation

In the Netherlands you are never entirely on your own financially. The government has built an enormous, nationwide safety net for the moments when things really go wrong: social security. For anyone who wants to plan their pension or financial independence, this is the absolute starting point. After all, you first have to know what you will receive from the government before you can calculate how much you still need to save yourself. In this module we dissect the two main pillars of our social system, you learn the difference between the omslagstelsel (pay-as-you-go system) and the kapitaaldekkingsstelsel (funded system), and you look in detail at how the Dutch three-pillar (pension) system is structured.