Emigrate
I am emigrating. What does this mean for my pension fund assets?
A cash payment of the pension capital is possible if someone emigrates, i.e. leaves Switzerland permanently.
- The non-compulsory portion of the pension capital is freely available for withdrawal.
- There are restrictions on the mandatory part. If you move to an EU/EFTA country, cash payment is not possible if the person there continues to be insured against old age, death and disability. You must invest the mandatory portion of your vested benefits in a vested benefits account in Switzerland. Whether there is a compulsory insurance obligation varies from person to person and can be clarified at www.verbindungsstelle.ch. If you are not subject to compulsory insurance in your new country, the entire vested benefits can be transferred to a private account.
- If you move to another country, a so-called cash payment (transfer to a personal account) is possible.
Please note: If you move abroad, you can only withdraw the capital after you have officially deregistered from your place of residence. The departure from the company must have taken place at this point in time or be completed promptly. Withholding tax is levied at the location of the pension fund. You will only receive the net amount. The insured person is responsible for reclaiming the withholding tax in the respective country.
In the case of cash payments, the notarized signature of the spouse is also required for married persons.
I am emigrating. Can I have my pension paid out abroad?
The retirement pension can also be transferred to an account abroad. Please note that the Foundation does not compensate for exchange rate losses.