The Netherlands has a social security system, which will help you and your family if you get in financial trouble for certain reasons, such as when you become ill, incapacitated for work, unemployed, or when you retire; these are all circumstances that have an impact on your financial situation. In such cases, the social security system provides suitable financial support.
Everyone in the Netherlands contributes to the social security system by paying taxes and premiums. Your employer pays these taxes and premiums for you and then deducts them from your gross salary. The system is very fair, because people with a higher income pay more than people with a lower income.
The Dutch social security system is quite complicated. Below is a brief explanation.
The system consists of social provisions and social insurance.
Social provisions include benefits and other types of financial support provided by the government using tax money.
If you want to know more about the Dutch social security system, you can read about it here