Pension Accrual for Self-Employed Professionals in Tilburg under the Future Pensions Act

From 2023, the Future Pensions Act (Wtp) reforms the Dutch pension system, with direct impact on self-employed professionals in Tilburg who do not have voluntary AOW insurance. In Tilburg's vibrant textile and manufacturing industry, self-employed professionals such as freelancers in fashion and production do not accrue mandatory pensions, but the Wtp offers voluntary participation in sector pension funds with a premium scale. The AOW remains the foundation for Tilburg entrepreneurs, but the Wtp accelerates the transition to defined contribution schemes. Benefits include a higher coverage ratio and improved indexation, ideal for the growing self-employed population around the Spoorzone. Self-employed professionals in Tilburg can join the Old Age Provision (FOR) for tax-advantaged accrual, with a maximum of 9.44% of the profit in box 3. Unlike AOW, this offers flexible payouts and investment choices, fitting local networks such as ZZP Tilburg. Costs: voluntary premium approximately 10-15% of income. Wtp article 90 specifically regulates self-employed participation. In practice: register with a pension fund for a uniform agreement, often via local KvK meetings in Tilburg. Returns outperform AOW through market investments, but without guarantee – relevant for risk-tolerant entrepreneurs in the region. Strategy: fill the AOW gap and accrue via FOR and Wtp. The Tax Authorities apply annual room; example: with €50,000 profit, reserve €4,500 for pension. Become future-proof with the Wtp transition by 2028, supported by Tilburg advisors.