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Frenzie · 04-01-2019, 10:59 AM

I see, thanks. I suppose in a way that's exactly the opposite of how it is in the Netherlands. Your pension is that which you funded yourself. The AOW (Common Elderdom Law) could be called a state pension (it's not much, ftr), but you probably wouldn't call it a pension because it's the AOW.

(An employer pension sounds like an odd idea.

I hope it works by the employer putting stuff into some "401k" equivalent so it doesn't depend on whether they go bankrupt in the future.)

04-01-2019, 10:59 AM	#189
Frenzie Wizard Posts: 1,773 Karma: 731681 Join Date: Oct 2014 Location: Antwerp Device: Kobo Aura H2O	I see, thanks. I suppose in a way that's exactly the opposite of how it is in the Netherlands. Your pension is that which you funded yourself. The AOW (Common Elderdom Law) could be called a state pension (it's not much, ftr), but you probably wouldn't call it a pension because it's the AOW. (An employer pension sounds like an odd idea. I hope it works by the employer putting stuff into some "401k" equivalent so it doesn't depend on whether they go bankrupt in the future.)