Exceptions

Persons who wish to draw their retirement benefits as a lump sum after ceasing employment at ordinary retirement age or on reaching the age of early retirement (stipulated in the regulation) are not affected.

Credit balances from occupational benefit schemes which exceed the statutory minimum benefits are not affected either (referred to as non-compulsory credit balances).

The possibility of making an early drawing for home ownership purposes is not affected by the new provisions. The occupational benefit scheme regulation and Swiss law continue to apply.