Receive 10% of your pension as a one-time payment

In 2023, you will be able to opt to have up to 10% of your pension paid out in one lump-sum when you retire. This option has been postponed by the legislature until 1 July 2023. It was previously set for 1 January 2023. If you opt for a one-time payment, up to 10% of the value of the retirement pension you have accrued will be paid into your account. However, there are conditions associated with this option and it does affect your pension benefits.

More about a one-time payment