If I leave my job, can my pension be transferred to two vested benefits accounts?
Yes, as long as it is transferred to two accounts at two different institutions.
Yes, as long as it is transferred to two accounts at two different institutions.
You can. It will be transferred as vested termination benefits but won’t be tax deductible.
A cash withdrawal is only possible if you are primarily self-employed and no longer subject to compulsory occupational pension insurance. You will be subject to a one-off tax at a reduced rate (in Vaud, one-fifth of the usual rate). The federal tax is also set at one-fifth of the usual rate. The pension fund is required to inform the Swiss Federal Tax Administration (FTA) that you have received this lump-sum payment. You must also inform your cantonal tax authority.
In order to join a pension fund, you have to be employed. Now that the AVS 21 reform has been adopted, you have the right to withdraw part of your retirement benefits – the amount will be proportionate to the change in your employment rate if you decide to reduce it after turning 58. You can collect your pension in three lump-sum withdrawals.
If you are no longer employed, you can maintain your pension savings with up to two vested benefits accounts at two different institutions.
You can find this information in the online portal. If you no longer have your login details, please contact your relationship manager, who will help you.
Please call us at 021 212 25 55, and we will tell you how to proceed. You can also contact the 2nd Pillar Central Office to carry out a nationwide search: https://sfbvg.ch/en/tasks/enquiry-about-occupational-benefit-credit-balances.
You can find this information in the online portal. If you no longer have your login details, please contact your relationship manager, who will help you.
Please call us at 021 212 25 55. We will provide you with the bank details.