2020: permitted income for retirees

Author: Anne Ghysels (Legal Expert)
Read time: 2min
Publication date: 08/01/2020 - 11:46
Latest update: 08/01/2020 - 12:11

Pensioners may carry on an occupation, but the resulting income may not exceed certain thresholds, otherwise pension benefits will be lost.

The thresholds have now been indexed for 2020.

 

Maximum permitted income for work as   Before statutory pension age (< 65 years)    

A pensioner who has reached the statutory retirement age (65 years and over)

  
    A pensioner on a retirement and/or survivor’s pension   A pensioner who is only entitled to a survivor's pension A pensioner on a retirement and/or survivor’s pension A pensioner who is only entitled to a survivor's pension(*)
    Career < 45 years Career≥ 45 years      
Employee, other activity, position, post or office With no dependent children 8.393,00 EUR No limit 19.542,00 EUR No limit 24.243,00 EUR
  With a dependent child 12.590,00 EUR No limit 24.428,00 EUR No limit 29.489,00 EUR
Self-employed (or working simultaneously as an employee and a self-employed person) With no dependent children 6.714,00 EUR No limit 15.634,00 EUR No limit 19.394,00 EUR
  With a dependent child 10.071,00 EUR No limit 19.542,00 EUR No limit 23.591,00 EUR

(*) The amounts also apply to pensioners of whom the spouse benefits from a household rate pension.

 

Source: Ministerial Order of 18 December 2019 amending the annual figures referred to in article 64, §§ 2 and 3 of the Royal Decree of 21 December 1967 introducing general regulations on the retirement and survivor’s pension for employees, Belgian Official Gazette, 30 December 2019.

The Partena Professional website is a channel for making information available in an understandable form to affiliated members and non-members. Partena Professional strives to provide up-to-date information and this information is compiled with the greatest care (including in the form of Infoflashes). However, as social and fiscal legislation is constantly changing, Partena Professional cannot accept any liability for the correctness, the up-to-date or the completeness of the information consulted or exchanged via this website. Further provisions can be read in our general disclaimer that applies to every consultation of this website. By consulting this website, you expressly accept the provisions of this disclaimer. Partena Professional can unilaterally change the content of this disclaimer.