A pension increase leads to a higher premium
As of the beginning of this month, about three million retired government and education employees will receive an 11,96 percent increase. Why is the pension premium also going up?
According to AObpension specialist Roelf van der Ploeg, it is actually good news that teaching staff will pay more for future pensions from this year onwards. “You will accrue more pension.” Here's the thing: the pensions of the ABP pension fund – to which teaching staff are affiliated – will increase by 11,96 percent from January. Good news for those who receive a pension now, but also for those who work now, they will also receive more later. The increase applies to all teaching staff impact. But to keep the pension accrual the same, ABP will also increase the premium by 2023 percent from January 2. As usual, 70 percent of that premium is paid by employers and 30 percent by employees. The employee premium will increase by 0,6 percent of the pensionable wage. Please note: the pensionable wage decreases as a result of the sharply increased state pension. This is because the state pension is not included in the calculation of the pensionable wage.
But that is not the only reason that you pay more for your pension. If you had a pay rise in 2022, you will only accrue pension on that in 2023 and therefore pay premiums. Particularly in primary education, where wages sharply increased you will see this on your payslip. As a result, you pay more net in 2023, but you accrue more pension with this increase and your employer pays 70 percent of this. Incidentally, your net income in total will not be lower than in 2022, every working person will benefit in 2023 due to lower taxes.
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De AOb is represented in it by three working and two retired colleagues Accountability body of the ABP.