What changes?
Have you built up a pension in your private limited company (bv) with an old-age contribution (oudedagsverplichting, ODV)? You will be able to convert the ODV into an annuity, annuity account, or annuity investment account even after more than 5 years have passed since you reached the state pension age. For example, because you want to close your company. At present, this is only possible within 5 years of your state pension age.
This measure will apply retroactively. Did you reach the state pension age +5 years after 1 April 2017? Then you may still convert the accrued ODV.
For whom?
- Entrepreneurs who have built up pension in their own bv
When?
The change in law is expected to enter into effect on 1 January 2023
Please note: The effective date of this measure is not yet final. Entry into force is subject to its passing through the Upper and Lower Houses (Eerste en Tweede Kamer) of parliament or proclamation of the Order in Council (Algemene Maatregel van Bestuur, AMvB) or ministerial decree and publication in the Staatsblad or Staatscourant (Government Gazette, in Dutch).
