(sda) People who have private pension assets in the third pillar or vested benefits should in future be able to withdraw them in installments. This is the demand of the National Council. It passed a motion to this effect on Wednesday.
According to the text of the motion, the Federal Council should take measures to allow partial withdrawals in the future, as is the case with occupational pension provision. A maximum number of withdrawals and a minimum amount per withdrawal should be provided for.
This would make it possible to save for retirement in a single account and withdraw assets in stages. "This would reduce the fees, complexity and bureaucracy involved in managing multiple accounts," says Silberschmidt. Partial withdrawals should also be possible when people become self-employed.
The Federal Council agrees with the proposal, according to Social Affairs Minister Elisabeth Baume-Schneider. However, in order to limit negative tax effects, the framework and conditions under which such a partial withdrawal can be made by insured persons must be clearly defined.
According to the text of the motion, the Federal Council should take measures to allow partial withdrawals in the future, as is the case with occupational pension provision. A maximum number of withdrawals and a minimum amount per withdrawal should be provided for.
This would make it possible to save for retirement in a single account and withdraw assets in stages. "This would reduce the fees, complexity and bureaucracy involved in managing multiple accounts," says Silberschmidt. Partial withdrawals should also be possible when people become self-employed.
The Federal Council agrees with the proposal, according to Social Affairs Minister Elisabeth Baume-Schneider. However, in order to limit negative tax effects, the framework and conditions under which such a partial withdrawal can be made by insured persons must be clearly defined.
