Retirement BenefitsLump-Sum Withdrawal
On request, you can also withdraw a lump sum from the pension capital and pension capital supplementary account pension pots:
- For assets under CHF 995,400: half
- For assets above CHF 995,400: total amount above CHF 995,400
Pension or Lump Sum
Would you rather have a lifelong pension? Or have a portion of the retirement assets paid out as a lump sum? You should carefully weigh up the advantages and disadvantages
|Regular, secure income||Yes. Until death||No. Investment risk and longevity risk|
|Financial flexibility||No. Fixed pension payments||Yes. Lump sum is freely available|
|Financial expertise||No||Yes. Funds must be invested.|
|Survivor coverage||Remaining capital to heirs|
|Taxation||100% as income||One-time taxation on withdrawal at a reduced rate, income and property tax|
Please bear in mind that withdrawal of a lump sum will result in a lower lifetime retirement pension and lower survivors' benefits in the event of your death.
Graduated Lump-Sum Withdrawal
Pension capital is taxed at a privileged tax rate. If you make a lump-sum withdrawal from the Pension Fund and also have Pillar 3a accounts, it makes sense to stagger the withdrawal over several years to remain in a lower tax band and pay less tax overall.
Please submit your request for a lump-sum withdrawal to the Pension Fund in writing no later than one month before you retire. If you are married or in a registered partnership, we require the written consent of your partner by means of a certified signature. If you are not married, send us a certificate of civil status.