Purchasing AOW-gap: supplementing your pension in Leiden
The **AOW-gap** is the difference between your desired pension and the **AOW benefit**. In Leiden, many residents receive only AOW after retirement, which is often insufficient. Via local institutions such as Rechtbank Den Haag, Locatie Leiden and Juridisch Loket Leiden, Stationsweg 46 you can seek advice. This article discusses how you purchase your AOW-gap, with legal and financial insights.
What is an AOW-gap?
The **AOW-gap** arises when your **AOW benefit** does not cover your living expenses. AOW starts at **AOW age** (67 years in 2024, rising to 68 in 2030). Maximum approximately €1,600 gross per month (with full premium). In Leiden, with high cost of living, this is often too tight, especially without supplementary pension. Supplement this for 70% of your last salary.
Legal basis and rules in Leiden
Purchasing falls under **Financial Supervision Act (Wft)**, **Pensions Act** and **Income Tax Act 2001**. In Leiden you can go to Rechtbank Den Haag, Locatie Leiden for legal questions about pension schemes. Choose **individual pension plan (IPP)** or group pension. Employers in the region often offer extra options; otherwise independently via insurers.
How do you purchase your AOW-gap in Leiden?
Various local and national routes:
- Employer: Build up via premium contribution in Leiden pension fund.
- Independently: IPP with Aegon or NN, with advice point at Juridisch Loket Leiden, Stationsweg 46.
- Savings products: Banks offer life insurance for AOW-gap.
- Own assets: Convert savings into lifelong income.
For self-employed in Leiden
- 30% ruling: Tax-free income for pension accrual.
- IPP: Deductible premiums.
- Life insurance: Build up until AOW age.
Practical examples
Example 1: Via employer in Leiden
Situation: Jan (55, Leiden) earns €4,000 gross, pension €1,200. AOW €1,600. Total €2,800, but he wants €3,000. Via employer extra premium: gap covered.
Example 2: Self-employed in Leiden
Situation: Marie (50) uses IPP with €300 monthly premium. After tax deduction builds up €800 extra. Advice via Juridisch Loket Leiden.
Local advice in Leiden
Consult Rechtbank Den Haag, Locatie Leiden for disputes or Juridisch Loket Leiden, Stationsweg 46 for free intake. They help with Wft and pension rules. Start purchasing your AOW-gap today for financial peace of mind.