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Old 02.05.2012, 21:04
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Options for transferring an Irish pension to CH and maintaining SCSB tax free lump su

I hold a Swiss passport and am about to transfer back to Zurich (for good) after 6.5 years in Dublin and have a question regarding pension transfer;

If I choose to retain the Irish SCSB right to a tax free lump sum at age 50 (I have an option to waive this right for reduced tax liability in Ireland before I leave) the Irish pension provider, should I choose to transfer the value to Switzerland, will include details about the tax free lump sum portion at age 50.

I am trying to understand whether it is worth paying additional tax now to avail of this tax free benefit at age 50 (I'm 45 currently) - but I am unable to find out which, if any, Swiss pensions honour this sort of arrangement (my Irish provider suggests yes, but I can find nothing via Google to confirm...).

Any ideas? I have to make a choice by close of business tomorrow!

Thanks, Richard
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