Overview
- Effective today, the gross minimum hourly wage for workers aged 21 and over rises from €14.40 to €14.71.
- All major benefits are indexed upward, including assistance under the Participatiewet, AOW, ANW, Wajong, WW, IOW, WIA, WAO, Sickness Benefit and the Toeslagenwet.
- The Participatiewet introduces simpler rules, broader work-with-benefit allowances and an explicit gift exemption of up to €1,200 per year without reducing payments.
- Child-related support is enhanced, with up to 96% of childcare costs reimbursed for households earning up to €56,412 and indexed increases to child benefits.
- The pension transition starts for roughly 9.5 million pensions, the statutory transition payment cap indexes to €102,000 (or one year’s salary if higher), and the RVU enables workers in heavy jobs to retire up to three years earlier without an extra employer levy.