The objective of this scheme is a compulsory insurance against
financial consequences of old age for the entire population, on
account of which the person who has been insured can receive an
old-age pension on reaching the age of sixty.
Who is insured?
In general, you are insured when you are living in the Netherlands
Antilles. The insurance applies to everyone, so not only to employees
or employers, but also to self-employed persons, housewives, unemployed
persons and students. In that case it does not matter what nationality
you have and whether or not you have an income.
If you are living abroad, but you are working in the Netherlands
Antilles, you will be insured if you are subject to income tax in
the Netherlands Antilles.
Those persons who go to live or work abroad, are usually not insured
during that period.
Applying for aov pension
At least 6 months before reaching the age of 60, you have to complete
a form at the office window of the SVB. Staff members of the Pensions
Department could help you complete the form.
The SVB needs time to determine the level of your pension. To that
end the SVB has to verify in what periods you were insured for AOV.
If you submit the application on time, the AOV pension can also
be granted on time.
You must bring along your marriage booklet or, if you are not married,
your identification card.
For married persons, of whom the one entitled to a pension is 60
years of age or older, but whose partner has not reached the pensionable
age, the rule is that the partner will receive an allowance, insofar
as the joint incomes does not exceed Naf. 12,000.00 annually. If
the right to old-age pension has begun before January 1, 1996, the
income will not be taken into account with respect to granting of
The pension/allowance is adjusted to the development of the cost-of-living
index, commencing on the first day of a calendar year.
If you have not been insured for one or more years, for example,
because you were not living in the Netherlands Antilles, and were
not working in the Netherlands Antilles either, a deduction will
be applied to your AOV pension/allowance. A deduction will also
be applied in the event you have not paid your premium due. If you
wish to know how much will be deducted from your old-age pension/allowance
in connection with not-insured years, you can obtain information
on the matter at the Pensions Department of the SVB.
As the AOV did not take force until September 1, 1960, those persons
who were already 15 years of age or older before this date cannot
build up a full insurance. However, under certain conditions the
lacking years will nevertheless be included as insured years if:
- you have the Dutch nationality and
- you are living in the Netherlands Antilles
- you have lived for six years, whether or not uninterrupted
in the Antilles after having reached the age of 54.
The old-age pension/allowance commences on the first day of the
month following the one in which the party concerned complies with
the conditions for the right to old-age pension.
If you have applied too late for your AOV pension/allowance, the
SVB can grant the pension/allowance with retroactive force. But
the pension/allowance cannot commence earlier than a year before
it has been requested. In particular cases an exception can be made.
Cancellation or revision
Your old-age pension/allowance will be canceled or revised by the
SVB when changes take place in your personal circumstances which
influence your AOV pension.
The SVB carries out controls by means of random checks or periodic
controls to verify if changes have been passed on correctly and
on time. Any AOV pension/allowance that has been paid out wrongfully
or too much will be re-claimed:
- if you have submitted incorrect information or if changes have
not been reported or not on time, or
- if you could have known that the amount paid out was too high
or paid out wrongfully.
Supplying incorrect information intentionally or not supplying
information is punishable.
What you must report
You always have to report in writing the following changes
in your personal circumstances to the SVB within 14 days.
* if your marriage has been dissolved by divorce
* if your spouse has died
* if your nationality or your spouse's nationality has changed
* if you are going to move
* if you are going abroad or are going to live in another country
(you need not notify the SVB if you are going on short trips).
If you are going to live abroad after you have reached the age of
60, it will result in a deduction being applied to your AOV pension/allowance.
So always inquire at the SVB what the consequences will be for the
level of your AOV pension/allowance, if you are going to live outside
the Netherlands Antilles.
Making your aov pension/allowance payable
The SVB pays your AOV pension/allowance monthly via the Bank. Inform
the SVB on time if you want to change your pay-out address.
In the event the pension/allowance is paid out abroad, the related
transfer charges will be deducted from your pension/allowance.
If in the month of September you are entitled to old-age pension,
you are also entitled to a Christmas allowance. The Christmas allowance
is 100% of the amount of the old-age pension, to which you were
entitled in the month of September, and is paid out once a year
in the month of December.
End of the pension
The old-age pension/allowance ends on account of decease of the
person entitled to a pension/allowance or because of cancellation.
A lot of persons will not remember to inform the SVB as soon as
possible after the death of, for example, their spouse or parent.
It is, nevertheless, important to do so, as the AOV pension/extra
allowance has to be stopped. If the surviving marriage partner is
younger than 60, he or she can appeal to the "Algemene Weduwe
en Wezenverzekering (AWW) Federal Ordinance" (Widows and Orphans'
Payment at death
If a person entitled to a pension/allowance dies, the old-age pension/allowance
will be paid up to and including the last day of the month in which
the decease took place.
Lump sum benefit after death
If a person entitled to a pension/allowance dies, a lump sum, equal
to four months of old-age pension, will be paid to the person(s)
qualifying for that, in the opinion of the SVB, in accordance with
the requirements of fairness. The application for this must have
been submitted to the SVB within six months after the death of the
person who was entitled to an old-age pension/allowance.
What you have to know additionally
When you have submitted your pension application to the SVB, the
SVB will compile a file. In this file all important data are collected.
Every person entitled to a pension possesses a file of his/her own
with a registration number of his/her own (AO number). On all letters
and the like that you receive from the SVB, your AO number is mentioned.
Whenever you have any questions concerning your pension and you
want to contact the SVB in writing or by phone, mention your AO
number. The SVB can then answer your questions more rapidly. If
you are contacting the SVB by phone, please note with whom and with
which department you spoke. This is convenient in the case of subsequent
By virtue of the Federal Ordinance Administrative Jurisprudence
you have the following possibilities if you are in disagreement
with the SVB-decision.
You can submit a written protest to the Director of the Social Insurance
Bank, Pater Euwensweg 9, Curaçao N.A. within six weeks after
the date that this decision has been issued or remitted. In your
letter of protest clear mention must be made of the reasons of your
disagreement and also of the decision which according to you the
Social Insurance Bank should take.
Be sure to date your letter and please state your identification
number. Please put on the envelope "letter of protest"
and be sure to sign your letter. Free of charge.
You can also file a written appeal with the Court Recorder of the
within s island territory where you reside. This appeal must be submitted
ix weeks after the date that this decision has been issued
or remitted. In your appeal, that has to be submitted in duplicate,
clear mention must be made of the reasons of your disagreement and
also of the decision which according to you the Social Insurance
Bank should take. As a matter of principle a court fee will be charged
when submitting an appeal by the Court Recorder.
Any further questions
If you have any further questions on your AOV pension/allowance,
you can apply to the SVB for more information. You can call the
SVB, but you can also drop by if you prefer to do so.