Members may retire at their own request; however, no earlier than age 58. A six-month notice period applies.
With the company’s consent, members may postpone their retirement until age 70 at the latest.
The savings capital equals the accrued capital at the time of retirement. The retirement benefits may be drawn in the form of a capital payment and/or a pension. Where members draw the full sum in the form of capital, all claims against the employee benefits institution expire. Members also have the option of drawing only part of their savings capital in the form of a capital payment. In this case, the retirement pension and the other insured benefits (e.g. partner’s or orphan’s pensions) will be adjusted accordingly.
On top of this, members may reduce their retirement pension in favour of a higher subsequent spouse’s or partner’s pension.