The lower limit for starting the payment of a private pension is 58 years.
One of the most common questions that clients ask voluntary pension funds is when the first pension payments will start.
“The lower age limit for the start of payment is 58 years of age, i.e. 53 years for persons who have concluded an agreement on joining a private pension fund before the amendments to the Law on Private / Voluntary Pension Funds and Pension Plans come into force (May 17, 2011).
The only situation where the funds from the private pension fund start to be used earlier is permanent incapacity for work. By the way, the deadline for starting the withdrawal of funds from the private pension fund is 70 years of age.