Premium Payment and AOW Accrual under Voluntary Insurance for Utrechters

For residents of Utrecht living abroad, the voluntary AOW insurance via the SVB works with premiums based on your income, just like the wage tax you know from the Domstad. The SVB sends an annual assessment notice, for example for 2024 around 20% of your taxable income with a maximum limit. Utrecht expats risk suspension of accrued rights in case of non-payment, but can catch up later including penalty. Accrual proceeds per 'insurance years': each paid year counts fully up to a maximum of 50 years. After AOW age and emigration, accrual stops, but your rights remain intact. Local tip for Utrechters: declare foreign income accurately via the SVB form 'Premium AOW voluntary insurance' and link this to your Utrecht Base Registration of Persons (BRP) at the municipality. Upon return to neighbourhoods like Lombok or Oudwijk, the premium stops automatically. Pay attention to adjustments in case of divorce or death of partner, especially relevant for Utrecht families with international ties. Keep address changes up to date via utrecht.nl to avoid disputes with the Tax Authorities and SVB, and thus maximise your Utrecht pension rights.