+Article 59 1.

Article 59 1.

If the PEPP provider provides different forms of out-payments, the PEPP saver shall be allowed to modify the form of out-payments of each opened sub-account:

(a) 

one year before the start of the decumulation phase;

(b) 

at the start of the decumulation phase;

(c) 

at the moment of switching.

The modification of the form of out-payment shall be free of charge for the PEPP saver.

1. Overview

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1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards