Lump sum at retirement possible from 2029
The Senate has adopted the “Lump Sum Revision Act.” This makes it possible to withdraw up to 10% of your pension as a one-time payment when you retire. The scheme will take effect on January 1, 2029.
A “lump sum” gives you more flexibility, but it also has consequences. Your lifelong pension will be lower afterwards. The choice may also affect your benefits and other pension options. Therefore, make sure you are well informed before making a decision. What may seem attractive could work out differently in your personal situation.