EXEC: create a new v2 connection and make sure you check "Save Password" EXEC: select your connection and pick "Edit Connection" EXEC: uncheck "Save Password" and Finish EXEC: edit the connection again and verify the state of the "Save Password" checkbox Result: "Save Password" is still checked. EXEC: If you now restart Eclipse and then in Explorer, unfold your connection, you should get the Connection wizard since there shouldnt be any password stored in the secure storage. Result: The picture is consistent: You get the secure storage prompt indicating that the password is still stored in the secure storage.