pensioen

Pensioen, also known as retirement, is a period in a person's life when they no longer work and instead receive financial support from their previous employer or the government. The purpose of a pensioen is to provide financial security and a comfortable lifestyle during the later stages of life. In many countries, pensioen is funded through mandatory contributions made by employees and employers during their working years.

The amount of pensioen received varies depending on factors such as age, length of service, and salary history. In some countries, pensioen is calculated based on a percentage of an individual's final salary, while in others, it is determined by a points system that takes into account the number of years worked and the average salary earned.

Pensioen can be paid out in various forms, including a lump sum, a monthly pension, or a combination of both. Some people may also receive additional benefits, such as healthcare or housing allowances, as part of their pensioen package.

The transition to pensioen can be a significant life change, requiring individuals to adapt to a new routine and potentially learn new skills. It is important for individuals to plan for their retirement well in advance, saving and investing for the future, and understanding the pensioen system in their country.

In recent years, there has been growing concern about the sustainability of pensioen systems, particularly in countries with aging populations. Many governments are implementing reforms to ensure the long-term viability of their pensioen systems, such as increasing retirement ages, raising contribution rates, or encouraging earlier retirement.