Three years according to Art. 79b para. 3 BVG explained

“If purchases have been made, the resulting benefits may not be withdrawn from the pension plan in the form of capital within the next three years”, this is the wording of Art. 79b para. 3 BVG. (translated from German)

But what is meant by “three years”?

The three-year blocking period begins on the day of pension fund purchase and ends three years later. Only two full tax years are affected by the three-year blocking period.

three-year blocking period after a voluntary purchase

Learn more about the blocking period.