Current status of progress of the new Pensions Act

Last updated: 16 September 2025
The Future of Pensions Act (Dutch abbreviation: Wtp) came into effect on 1 July 2023. By 1 January 2028, all pension schemes in the Netherlands must comply with the Wtp. The new pensions system is intended to provide future-proof pensions that are better suited to the times we live in. On this page you can read about the current state of affairs regarding the Wtp. We update this page regularly.

Approved by both Houses of the Dutch Parliament

The Act was passed by the House of Representatives in December 2022 and by the Senate in May 2023.

Extension of the transition period

The original deadline of 1 January 2027 has been extended to 1 January 2028. This still needs to be formalised in legislation and is currently being considered by the House of Representatives.

What is changing in the pensions system?

BeFrank is already working with advisers to move employers’ pension schemes to Wtp‑compliant arrangements. But what exactly will change for employers and employees? Read more about the changes to the pensions system here.