What social insurances are applicable in Aruba?

  • Modified on: Thu, 22 Apr, 2021 at 10:52 AM

AOV/AWW insurance

The AOV stands for General Retirement Insurance. This is a national insurance that guarantees to provide of basic pension from the SVB to those who have reached retirement age.

The AWW insurance is a general insurance that guarantees financial support to a spouse upon the death of his/her spouse and the children upon the death of their father/mother.

AZV insurance

AZV is a mandatory healthcare insurance and provides for insured claims of certain medical treatment.

ZV insurance

ZV insurance covers the risk of 'salary payment during disability', also called Wage Loss (in Dutch: Loonderving).

An employee is obliged ZV insured when:

  1. he/she performs work for an employer in employment, or in person contracted work labor and
  2. he/she earns less than the SVB Wage Limit (2017: AWG 5,850.00 p/m).

OV insurance

Each employee is obliged insured by OV insurance against industrial accidents, regardless of the number of working days per week and the amount of the salary earned.

Applicable percentages

You can find the applicable percentages due in Account / Tax percentages:

Did you find it helpful? Yes No

Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.

Contact Us

If you have question which are beyond this knowledgebase kindly contact us