Legal (14)

Dutch Pension: A Primer

With the help of Delta Lloyd (a large Dutch insurer), GfK, the fourth largest market research institute in the world, has found that Dutch youths are not keen to work until they’re 70.

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30% Ruling

What does the 30% ruling mean?

The employer can reimburse the extra territorial costs of the employee tax free. To be able to do this the employee must hand over all the receipts and the employer must check and approve them. This can lead to a lot of work, especially if more employees are in a similar situation. To make it easier employer and employee can request the tax office (foreign tax office in Heerlen) to grant the 30% ruling to the employee for his activities for the employer. This way the employer can, once granted, pay out a tax free allowance of (roughly said) 30% of the salary of the employee.

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Pension

If you are older than 21 years old and you have worked for over 26 weeks on an Abroad Experience contract, you are entitled to build up a pension fund. Abroad Experience, as a recruitment agency, offers its employees a pension plan via StiPP (Stichting Pensionfonds voor Personeeldiensten). On a monthly basis, we send information to StiPP concerning the salary earned and the amount of hours worked by all temporary employees entitled to pension and we are then invoiced by StiPP based on that information.

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Travel expense payments

Although it is not compulsory, most companies in The Netherlands reimburse the cost for your daily commuting to work. The policy regarding the amount to be compensated for public and private transport varies from company to company.

When travelling by private transport it is common to receive €0.19 cents per KM up to a certain KM distance per day. The KM distance per day is once again decided by the company. When travelling by public transport companies request invoices/receipts of your travel costs. The policy regarding travel expenses will be stated in your Assignment that you sign with us.

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If you get ill

While working for Abroad Experience, if you do fall ill during your contract we would ask for you to follow these steps:

Inform your Hirer (your Manager) before 10.00 on the day of illness and explain your current situation. Inform Abroad Experience as well on the day of your illness and that you have been in contact with your Manager. When you are back at work please also inform Abroad Experience of this so we can update our records. Read If you get ill

Last comments

  • […] Health Insurance […]

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