Since I recently switched jobs, I got to experience the process of transferring my 2nd pillar to a vested benefits accounts. Two experiences and learnings from this process:
- The mandatory part of my pension is only 21% of the total pension. According to my pension fund advisor, there are still some pension funds (he mentioned Gastro and construction) that only insure the mandatory part. That's crazy, I would have lost 80% of my pension had a worked in such a job.
- I chose to open two vested benefit accounts and transfer the mandatory part to one account and the extra-mandatory part of the other account. In the end both my vested benefit accounts were informed that the total money they received was composed of 21% mandatory pension and 79% extra-mandatory pension. So my planned separation of mandatory and extra-mandatory part did not work they way that I intended it.