News

Implementation new pension choice ‘lump sum’ no earlier than July 1, 2026

21 March 2025

The House of Representatives has approved the new pension choice ‘lump sum’. Although we informed you earlier that this new pension choice was postponed to July 1, 2025, we now know that implementation is not expected until July 1, 2026.

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.

When will there be more clarity about this pension choice?
The House of Representatives has approved the bill on the option of a lump sum. Currently, the bill is with the Senate. Only if they also agree, the option for a lump sum will be final. The government now believes that July 1, 2026 is a realistic target. As soon as there is more clarity about this pension choice, we will inform you.