Download
Portal for members
OTHER BENEFITS
Financing your dream home
Why not fulfil your dream of owning your own home? The Hitachi Group Supplementary Insurance Plan offers you two options for financing the purchase or construction of residential property – which is also a form of retirement provision: withdrawal or pledging of pension assets.
Early withdrawal for financing home ownership
Home ownership can serve as a form of providing for old age. The law therefore promotes the use of funds from pension funds to acquire home ownership. Savings capital can be withdrawn or pledged for the purchase or construction of residential property, for a share in residential property or for the full or partial repayment of a mortgage.
Key requirements for an early withdrawal or pledge:
- You must occupy the property yourself.
- The minimum amount for an early withdrawal is CHF 20,000.
- An early withdrawal can only be made every five years.
An early withdrawal or realisation of a pledge reduces the savings capital. Voluntary buy-ins cannot be made until the early withdrawal has been repaid in full.
Further information can be found in the leaflet entitled home ownership encouragement scheme.
