Promotion of home ownership (WEF)

You would like to withdraw or pledge your vested benefits in order to purchase owner-occupied residential property (minimum amount CHF 20'000.00).

Next steps

We need a number of documents from you in order to make a payout for promotion of home ownership. The documents we need depend on the use of your capital. Please select the case that applies to you:

I would like to make an advance withdrawal

Please send us your details via the online form or send us the following documents:

Signed and completed form Promotion of home ownership – advance withdrawal
Copy of your OASI (AHV/AVS) card

The advance withdrawal is permitted for:

the repayment of a mortgage on owner-occupied residential property
the purchase of an owner-occupied house or apartment
the construction of owner-occupied residential property
the acquisition of share certificates for my owner-occupied residential property
the renovation of my owner-occupied residential property

Please note:

The costs for an early withdrawal are CHF 400.00. This amount will be charged to your vesting account.

I would like to pledge my vested benefits

Please send us your details via the online form or send us the following documents:

Signed and completed form Promotion of home ownership – pledge
Copy of your OASI (AHV/AHS) card

Please note:

The costs of arranging a pledge are CHF 200. This amount will be charged to your vesting account.

Important information

Please note the following before applying to invoke promotion of home ownership:

If you are currently insured with a benefits scheme via your employer, you must first transfer your vested benefits managed by us to this benefits scheme and apply to this scheme for advance withdrawal.
The advance withdrawal or pledge may be used for the purchase/mortgage repayment or construction of owner-occupied single-family dwellings or condominiums but not for the purchase of building land. The payout is made only to a mortgage/building account or to the vendor’s account.
The minimum amount for an advance withdrawal or pledge is CHF 20'000.00. There is no minimum amount for the acquisition of shares.
If you have reached the age of 50, you may withdraw your vested benefits as at age 50 or half of your current vested benefits as promotion of home ownership.

Please note in all cases:

We are obliged to report payments for the promotion of home ownership to the tax authorities under the regulations.
If you have your residence abroad, source tax will be deducted.