What are the consequences of early retirement?
You have the option of increasing your AHV pension up to two years earlier to apply. However: The sooner, the less.
In figures, this means that your AHV pension will be with two-year advance withdrawal around whole 13.6% cuts and with one-year advance withdrawal still around 6.8%.
However, if you simply stop working earlier but do not want to draw your AHV pension until ordinary age and want to benefit from the full amount, this is not a problem. Then it is simply a matter of continuing to pay the contributions.
And what good is a deferral of the AHV pension?
Maximum five years you can postpone drawing your AHV pension. And in doing so: The later, the higher.
In figures, this means that your AHV pension benefits as follows:
1. Year: +5.2%
2. Year: +10.8%
3. Year: +17.1%
4. Year: +24%
5. Year: +31.5%
It is important to know that you do not have to determine in advance how long you want to defer your AHV pension.
