Postponement of the Transition Period under the Future of Pensions Act Confirmed Until 1 January 2028

Publication date: 9 December 2025

On 2 December 2025, as expected, the Senate approved the bill “Extension of the Transition Period to the New Pension System” (Parliamentary Paper 36 578). This bill postpones the final transition date from 1 January 2027 to 1 January 2028.

Under the new law, pension funds, insurers, and social partners are granted additional time to carefully implement the transition to the new system. Furthermore, the transition dates will henceforth be established by means of a General Administrative Order ("AMvB"), enabling the government to intervene more swiftly should a further extension prove necessary.

The Minister of Social Affairs and Employment expressed confidence in the Senate that 1 January 2028 is a sufficient and realistic deadline for all pension funds to complete the transition to the new system.

In 2027, it will become clear whether this confidence is justified or whether further postponement will be required. If so, such an extension would likely also apply to pension schemes administered by insurers and premium pension institutions. However, at present there is no reason to anticipate further delay, and KWPS advises employers with arrangements at these providers to initiate the transition no later than mid-2026.

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