AOW pension - What is deducted from your AOW pension?

Two deductions are made from your gross AOW pension :

• Zvw health insurance contribution
• contribution for tax and national insurance

Zvw health insurance contribution

A 7.1% deduction is made for Zvw health insurance from every gross AOW pension. This is forwarded to the Dutch Tax Administration.

Tax and national insurance contributions

Tax and national insurance contributions are deducted from every AOW pension. The amount deducted is forwarded to the Dutch Tax Administration.

Everyone gets the general tax credit of € 934.

• If your income is less than € 35,450 a year, you will get a tax credit of € 762 for elderly persons. If you live alone or as a single parent, you will also get an additional tax credit of € 429 for single elderly persons.

Other rules for people living outside the Netherlands

If you live outside the Netherlands, other rules apply for the deduction of tax and national insurance contributions and Zvw health insurance contributions. You will find more details about this on the page entitled 'Deductions from your AOW pension if you live outside the Netherlands'.