View Single Post
  #5  
Old 11.03.2021, 14:30
Mica's Avatar
Mica Mica is offline
Forum Veteran
 
Join Date: Oct 2007
Location: Zurich
Posts: 922
Groaned at 1 Time in 1 Post
Thanked 1,184 Times in 524 Posts
Mica has a reputation beyond reputeMica has a reputation beyond reputeMica has a reputation beyond reputeMica has a reputation beyond reputeMica has a reputation beyond repute
Re: 2nd Pillar: Pledge vs. Early Withdrawal for Mortgage

Quote:
View Post
Interestingly, on this very forum I was advised against doing that.
It depends on your pension set-up.

One aspect is risk insurance:
If the risk insurance in your pension is tied to the amount you have paid in, it is a risk to withdraw from your pension (in case of accident, illness or death your benefits may be lower). If the risk insurance is tied to the amount of the currently insured salary, then withdrawing from the pension has no effect on this (but merely on the pension, i.e. old-age benefits).