Availability
The Guaranteed Benefit Plan is illiquid until retirement. Although the insured person may withdraw early, in whole or in part, if he/she suffers a disability, serious illness or long-term unemployment, if the contribution is at least ten years' old, under the terms established in the current regulations or in any other circumstances expressly provided for by the regulations in force at any given time.
However, if the right to transfer is exercised, some of the exceptional liquidity or insured coverage situations arise, according to the market conditions, the value to be transferred or received may be lower than the premiums contributed, as there is a potential difference between the market value of the plan assets and the Mathematical Provision amount, with losses potentially occurring at the time of redemption with respect to the premiums contributed.