Encouragement of home ownership

1. Once you have decided on an early withdrawal, you must submit a written application and submit it along with the required documents.
   
   Request for an early withdrawal of pension fund assets for the encouragement of home ownership Vita Classic
   Request for an early withdrawal of pension fund assets for the encouragement of home ownership Vita Plus
   Request for an early withdrawal of pension fund assets for the encouragement of home ownership Vita Invest
   Request for an early withdrawal of pension fund assets for the encouragement of home ownership Vita Select
   
   Which supporting documents are required depends on your specific plans. The check list of the necessary supporting documents gives you more precise information.
2. Please send the completed documents to:
   
   Vita Classic & Vita Plus
   Zurich Insurance Company Ltd
   Help Point BVG
   P.O. Box
   8085 Zurich
   bvg@zurich.ch
   
   Vita Invest
   Vita Invest Joint Foundation of Zurich Life Insurance Company Ltd
   P. O. Box
   8085 Zurich
   vitainvest@pfs.ch  
   
   Vita Select
   Vita Select Joint Foundation of Zurich Life Insurance Company Ltd
   P. O. Box
   8085 Zurich
   vitaselect@pfs.ch

Once we have received and checked your application and all of the required supporting documents, we will pay you the early withdrawal on your desired date. If the date of the payment is in the future, we will confirm the payment  to you in writing.

• You can only use pension fund assets for the financing of an apartment or a single-family home that you will inhabit yourself.
• An early withdrawal is only possible every five years.
• You need to withdraw at least CHF 20,000.00 per early withdrawal.
• Purchases of additional pension benefits may not be withdrawn in advance until three years after their purchase date (incl. interest).
• An early withdrawal is only possible up to three years before normal retirement age.
• Once you are over 50 years old, you can either draw a maximum of half of your current pension savings or the exact amount of your pension savings that you had at the time of your 50th birthday. 
• The encouragement of home ownership abroad is possible provided that the home is occupied by oneself and that it is the primary residence.
• The payment of the early withdrawal only becomes possible three months before the transfer of ownership of property.
• The payment of early withdrawal is reported as a capital payment to the federal tax administration.
• If the property is in Switzerland, the foundation informs the responsible land registry office of the advance withdrawal. The land registry office registers a sales restriction to secure the purpose of the pension.