Residential property

Living the dream in your own home: the pension fund offers you the option to finance owner-occupied residential property using your savings capital. You have two options to choose from:

• Advance withdrawal: by withdrawing your savings capital in advance, you create additional equity, allowing you to reduce your interest costs.

• Pledge: With a pledge, you can defer the amortisation of an existing mortgage or benefit from a lower interest rate for a second mortgage. Your savings capital will remain unchanged.

You can use an advance withdrawal or a pledge for the following purposes:

• Construction of residential property as the building contractor

• Construction of residential property under a contract for work and services

• Acquisition of residential property

• Amortisation of an existing mortgage

• Acquisition of a share in a cooperative residential association

• Value-adding investments in a home

Good to know

• An advance withdrawal will reduce your savings capital, and this will have an impact on your pension fund benefits.

• You can only make additional purchases again once you have repaid the advance withdrawal in full.

• Further information on advance withdrawal can be found in the corresponding leaflet, “Advance withdrawal in the context of the promotion of home ownership”.

What you need to do next

• Check your pension certificate to see how much you can use to finance residential property.

• Depending on what you intend to use the capital for, apply using the advance withdrawal form or the pledge form, or apply in Connect under “Requests: Advance withdrawal for home ownership”.

• Please submit all the required documents in full.

We’re here to help

• Call us: direct line shown on your pension certificate or +41 58 585 33 00

• E-mail us: service@gemini.ch