Click here to see your tax brackets if you reached state pension age prior to 1 January 2020.
The following table shows the differences between the tax rates in 2019 and 2020:
| On an income up to €20,711 | On an income above €20,711 and a maximum of €34,712* | On incomes above €34,712* and a maximum of €68,507 | On incomes above €68,507 | |
| 2019 | 18.75% | 20.20% | 38.10% | 51.75% |
| 2020 | 19.45% | 19.45% | 37.35% | 49.50% |
The first bracket tax rate is now slightly higher and therefore you might receive a lower net amount in 2020 than you received in 2019.
Click here to see your tax brackets if you reached or will reach state pension age in 2020.
The Compulsory Health Insurance (Zvw) statutory contribution has been lowered to 5.45%. The contribution in 2019 was 5.7%. The HPF deducts the income-dependent Zvw contribution from the gross pension payments. This means that in 2020 you will receive a slightly higher pension. However, it is also possible that on the basis of the aforementioned tax bracket changes you could receive a lower net pension. Note, that the maximum amount over which you pay the income-dependent Zvw contribution has been increased to € 57,232. In 2019 this was 55,927. In other words, the deduction also changes even if your gross pension doesn’t.
The HPF likes to communicate by e-mail with pensioners and former participants. Enter your e-mail address if you are a pensioner or former participant of the Heineken Pension Fund by scanning the QR code or by filling in our contact form.
There is a vacancy available in the Accountability Council (AC) of the Heineken Pension Fund (HPF) on behalf of the employer.
John Muller and Sjoerd Koornstra will step down from the Accountability Council on 1 July 2022.
