The minimum term is two consecutive years and four payments but note that timing of when the savings were paid into the policy also affect the minimum term.
Savings paid between 1.1.2010 – 31.12.2016 cannot be taken out before the client has turned 62.
Savings paid after 1.1.2017 are subject to the statutory retirement age of each client.
By adhering to the above restrictions the client can plan their own pension term. Please discuss possible payment plan with your broker or tax advisor.