Vested benefits

What is the vested benefit?

The vested benefits, also known as termination benefits, are the assets that every insured person in Switzerland accumulates with their pension fund. These assets are made up of the employee's and employer's savings contributions and interest.

If an insured person terminates their employment relationship and has no new employment, the vested benefits are transferred to a vested benefits account or a vested benefits policy (insurance solution) is opened at the request of the insured person. If the person takes up gainful employment again, the vested benefits account can be closed and the balance transferred to the new pension fund. This must be arranged by the account holder.