In 2024, the House of Representatives approved the new pension choice known as ‘lump sum’. The Senate recently indicated that it would only consider this proposal once the new minister had announced a clear start date.

Last year, it was announced that the introduction of the new pension option ‘lump sum’ would be postponed until July 1, 2026. Last week, the Senate indicated that it would only consider the proposal for the introduction of this option once the new minister had announced a clear start date. It is up to the new cabinet to decide on a new date.

What is a lump sum?

This is a bill to make it possible for you to receive a maximum of 10% of your accrued pension in one go when you retire. By opting for a lump sum, the pension you subsequently receive monthly will be lower. It may also have consequences for the allowances you receive or for your tax return.

As soon as there is more clarity about this pension choice, we will inform you.