Belgium’s pension landscape is set for change as the government considers updating the fiscal pension savings rules. With the official retirement age rising from 65 to 66 and expected to reach 67 by 2030, the current age limits for tax-advantaged pension savings no longer align with these shifts. On 2025-06-19 09:15:00, Cd&v MP Koen Van den Heuvel announced plans to introduce legislation addressing this mismatch.
- Raise age limit for fiscal pension savings
- Align fiscal benefits with pension age
- Introduce bill to update pension rules
- Extend age limit for long-term savings
- Increase savers' end benefits by hundreds
- Ensure fairness and consistency in regulations
Van den Heuvel’s proposal aims to raise the age limit for fiscal pension savings and long-term savings, reflecting the longer working lives of Belgians. But why should the fiscal benefits stop at 65 when many will work beyond that? This question lies at the heart of the reform, which seeks fairness and consistency for savers.
How will this affect everyday Belgians planning their retirement? The answer lies in the potential financial gains and the principle of aligning savings incentives with actual retirement ages. Let’s explore the key points.
Is it fair that fiscal advantages end before many Belgians retire? Van den Heuvel’s proposal addresses this by:
- Raising the pension savings age limit from 65 to 66 now, and eventually 67 by 2030.
- Extending long-term savings age limits to match the new retirement ages.
- Ensuring payout rules remain unchanged to maintain clarity and fairness.
- Offering savers an additional €630 to €1,518 in net benefits over time.
As Belgium adapts to longer working lives, updating pension savings rules is a logical step. Savers and policymakers alike should watch this development closely to ensure the system remains fair and effective in securing retirement futures.
