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Retirees can withdraw part of pension as lump sum from 2029, but it is not without risk

Retirees can withdraw part of pension as lump sum from 2029, but it is not without risk

Starting in 2029, retirees in the Netherlands will be allowed to withdraw a lump sum of up to 10 percent of their total pension pot upon retirement. While this provides immediate financial flexibility, the choice can lead to lower monthly payments and significant impacts on taxes and social benefits.

PRO Bloemendaal leader Harold Koster enters firm opposition after failing to join coalition: ‘That was weak of D66’

PRO Bloemendaal leader Harold Koster enters firm opposition after failing to join coalition: ‘That was weak of D66’

Harold Koster, leader of the PRO Bloemendaal party, announced his party will move into a strong opposition role after being excluded from the new local coalition. Despite retaining four seats in the recent elections, Koster expressed disappointment with the formation process involving the VVD, D66, CDA, and Lijst Metselaar.

Iranian delegation returns to Tehran after negotiations with US

Iranian delegation returns to Tehran after negotiations with US

An Iranian delegation has returned to Tehran following 18 hours of negotiations with the United States in Switzerland. The discussions, held at a resort near Lucerne, aimed to finalize details of a previously announced preliminary agreement between the two nations.

Recycle shop Droppie wants to expand to dozens of shopping centers

Recycle shop Droppie wants to expand to dozens of shopping centers

Recycle shop Droppie has announced plans to expand its operations by adding 70 new locations to shopping centers throughout the Netherlands. The shop, which currently operates in the country's four largest cities, offers customers a small fee in exchange for various types of recyclable waste.

Watch pediatrician’s COVID hearing: why did schools have to close?

A Dutch parliamentary inquiry is holding hearings this week to investigate the reasons behind school closures during the COVID-19 pandemic. On Monday, pediatrician Károly Illy and former Education Minister Ingrid van Engelshoven will testify about the decision-making process. The public can follow the hearings live as part of the ongoing investigation into the government's pandemic response.