I have lived and worked in the Netherlands for eight years now. Next year i will be moving back to the states and I am having trouble getting an answer over my pension. So far I have contributed 16 thousand euros or so. I wrote a letter to the managers of the fund who said i would get 437 euros a year beginning at 65. When i wrote them back asking how that worked when i will be living on a different continent with no dutch address or bank account I got no answer. I have since written three letters asking what i need to do and received no response.
Does anyone know what i should do?
Thanks in advance,
Jim
newsforjim said:
I have lived and worked in the Netherlands for eight years now. Next year i will be moving back to the states and I am having trouble getting an answer over my pension. So far I have contributed 16 thousand euros or so. I wrote a letter to the managers of the fund who said i would get 437 euros a year beginning at 65. When i wrote them back asking how that worked when i will be living on a different continent with no dutch address or bank account I got no answer. I have since written three letters asking what i need to do and received no response.
Does anyone know what i should do?
Thanks in advance,
Jim
I think you got your answer. :)
At age 65, they will start paying you 437 a year. I am pretty sure you will not receive a penny until you hit 65. You will contact them, fill out the forms etc .. and receive X amount every month. That's it. I am sure that when the time comes .. they will tell you how to receive your payments.
Lotsss of folks (Dutch and otherwise) retire in other countries ... and they are receiving their funds okay.
I say this because I am from The States but I plan to stay here and retire etc. When I contacted the Social Security administration and other companies that owe me retirement funds, they gave me approximate amounts of money that I should be expecting and they told me - sure at age 65, they can start sending me the money ... not before.
I think every retirement system is the same.
Your social security from the states falls under totalization http://www.ssa.gov/international/agreements_overview.html What I am talking about is not a Government pension, its a private plan..And no, 3 leters later i still have no answer. Also, In the states when you leave a private plan you can ge your funds out..you have to pay a penalty and any back taxes but your just flat wrong. I dont even believe your from there, I have seen you post way to many incorrect statements. I think your some kind of Dutch gubment worker keeping an eye on the buitenlanders.....
I think he's getting miffed because his question (which nobody is answering) was this: how will he get his hands on the money when he doesn't live here and/or no longer has a Dutch bank account?
I can't answer that either, but I won't provide anecdotes about my own situation....
If anyone has experience of receiving a Dutch pension once relocated out of the Netherlands, please answer. Otherwise, all I can suggest Jim is that you contact www.hetjl.nl and see if there is anyway they can legally force an answer out of your pension fund managers.
All I can do is hope that by the time you finally retire, the banking world has got its sh*( together and has agreed a global standard for international transfers.
Same boat. Six months back in the US I got one of the purple envelops here from NL Belansting. In the letter they're asking me for my bank info here so they can send me some money (the back of the form/page allows you to input non NL bank accounts). I am sending the form back to NL just today.
I will follow up later when and if cash actually hits my account.
I have no idea if the refund is for pension or something else (the letter does says "Premie Volsverz 2011").
FYI we lived in NL for 4 years.