Editing Economy of the Netherlands (section)

=== Social security system ===
The Dutch social security is very comprehensive and multi-faceted,{{clarify|date=December 2024}} and is divided into the national security (''[[:nl:Volksverzekering|Volksverzekering]])'' and the employee insurance (''[[:nl:Werknemersverzekering|Werknemersverzekering]]).'' Whereas the first covers all living in the Netherlands and the social benefits provided, the latter provides employment-related benefits.<ref name=":2">{{Cite web|url=http://ec.europa.eu/employment_social/empl_portal/SSRinEU/Your%20social%20security%20rights%20in%20Netherlands_en.pdf|title=Your social security rights in the Netherlands|date=2013|website=Ec.europa.eu|access-date=4 January 2018}}</ref> All living in the Netherlands are required to pay into the social security system, including residents from outside the Netherlands, with a few exceptions.<ref name=":3">{{Cite web|url=https://www.svb.nl/int/en/|title=SVB home - SVB|last=Verzekeringsbank|first=Sociale|website=Svb.nl|language=en|access-date=5 December 2017|archive-date=24 May 2019|archive-url=https://web.archive.org/web/20190524102521/https://www.svb.nl/int/en/|url-status=dead}}</ref>

The Volksverzekering is compulsory for all and covers the residents under different forms of national insurance:<ref name=":02">{{Cite news|url=https://www.expatica.com/nl/living/gov-law-admin/social-security-in-the-netherlands-100578/|title=Social security in the Netherlands|access-date=27 June 2022|language=en}}</ref><ref name=":1">{{Cite book|title=Social Welfare in Developed Market Countries|last=Roebroek|first=Joop M.|publisher=Routledge|year=2016|isbn=9781317366775|editor-last=Dixon Scheurell|editor-first=John Robert P.|pages=147–189}}</ref>
* [[Healthcare in the Netherlands|Long-term care]] under the Long-Term Care Act (''Wet Langdurige Zorg (WLZ)) (''formerly known as The Exceptional Medical Expenses Act (Algemen Wet Bijzondere Ziektekosten ([[AWBZ]])))
* [[Pensions in the Netherlands|Pension care]] under the General Old Age Pensions Act (''[[Algemene Ouderdomswet]] (AOW))''
* Survivor benefits under the General Surviving Relatives Act (''[[:nl:Algemene nabestaandenwet|Algemene nabestaandenwet]]( ANW)) (formerly known as  ''The General Widow's and Orphans’ Act (Algemene Weduwen-en Wezenwet (AWW)))
* [[Family policy in the Netherlands|Child benefits]] under the General Family Allowances Act (''[[:nl:Kinderbijslag (Nederland)|Algemene Kinderbijslagwet]] (AKW))''
It is overseen by the Social Insurance Bank (''[[:nl:Sociale Verzekeringsbank|Sociale Verzekeringsbank]] (SVB))'' and financed through earning-related contributions of employers and employees up until a maximum income-ceiling. Whilst employed persons get their contribution deducted automatically from their wage, the unemployed pay by themselves. The AKW is financed by employers, whereas the AOW is financed by the employees. The AOW, additionally, is financed by a small government subsidy.

The ''Werknemersverzekering'' is compulsory for all employed people within the Netherlands. It includes the coverage of employees in the following areas:
* [[Unemployment benefits]] under the Unemployment Insurance Act (''[[:nl:Werkloosheidswet|Werkloosheidswet]] (WW))''
* [[Sick leave]] under the Sickness Benefits Act (''[[:nl:Ziektewet|Ziektewet]] (ZW))''
* Disability benefits under the Disablement Insurance Act ([[:nl:Wet werk en inkomen naar arbeidsvermogen|''Wet werk en inkomen naar arbeidsvermogen'']] ''(WIA))''
The financing for the ''Werknemersverzekering'' is automatically deducted from the employee's income by the employer.<ref name=":02" /><ref name=":1" />

==== Unemployment benefits ====

===== Coverage =====
The unemployment benefits in the Netherlands, as set out under the WW, covers almost all employees, that are employees based on a working-contract. Excluded from the WW are the following: self-employed, nationally employed, persons working less than four days a week, heads of stockholders and voluntary workers that earn up to €150 per year.<ref name=":2" /><ref name=":1" />

===== Right to benefits =====
To profit from the benefit the unemployed has to submit an application to the Employee Insurance Agency (''Uitvoeringsinstituut Werknemersverzekeringen (UWV))'' within one week of becoming unemployed and additionally has to register as job-seeker. The WW only covers employees with a sufficient work history,  meaning that an applicant has to have been working for at least 26 weeks in the past 36 weeks before becoming unemployed. If so, the working-weeks requirement is met. Moreover, the employee is only eligible to unemployment benefits if the unemployment has not been due to his own fault (e.g. own termination of the job contract).<ref name=":2" /><ref name=":1" />

===== Benefits =====
The benefits received through the WW are earnings-related and amount to 75% of the previous daily earnings (based on 5 working days per week) for the duration of two months. After those two months the benefits reduce to 70%. Part-time work is taken into account with a calculation of parts of the working hours.{{clarify|date=December 2024}} If this benefit is less than the minimum income, the benefit can be supplemented under the Additional Allowances Act (''Toeslagenwet''). If there has been a change of employment, all jobs in the previous twelve months are included in the calculation of the benefits. To continue to receive benefits, the individual needs to be actively looking for work. Moreover, one needs to participate in e-coaching three and twelve months after the start of unemployment. After one year of unemployment one must register with an employment agency.<ref name=":3" /><ref name=":1" /><ref name=":02" />