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Old 03.10.2016, 13:28
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Non-EU leaving CH; Pension Pilar II withdrawing

Hi All

I am non-EU leaving to my home country and would like to cash out my pillar II pension money. Our Finance Director told me that there has been a new law imposing to leave the 'obligatory amount' within the pension fund despite of leaving CH?

Has anyone heard of this, has had experience with it?

Thank you.
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Old 03.10.2016, 15:55
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Re: Non-EU leaving CH; Pension Pilar II withdrawing

That's probably about this news:
https://www.admin.ch/gov/de/start/do...-id-63769.html

It's not a law yet.

Obligatory (BVG) portion isn't exactly a whole lot of money. For example it's capped to 7% of salary, max 86400 Fr = 6048 Fr per year at ages 25-34. For older persons the percentage increases.
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Old 03.10.2016, 15:58
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Re: Non-EU leaving CH; Pension Pilar II withdrawing

Thanks a lot.

Any experience with this so far?

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That's probably about this news:
https://www.admin.ch/gov/de/start/do...-id-63769.html

It's not a law yet.

Obligatory (BVG) portion isn't exactly a whole lot of money. For example it's capped to 7% of 86400 Fr = 6048 Fr per year at ages 25-34. For older persons the percentage increases.
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Old 03.10.2016, 16:00
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Re: Non-EU leaving CH; Pension Pilar II withdrawing

It's not a law so no one would have the experience with it.

Current situation is that if you leave for a country without a pension agreement with Switzerland (most non EU), you can take it all out cash. And even some part of AHV (pillar 1) too

I don't have experience for this though. I think a big concern will be your home country's tax treatment of these withdrawals.
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Old 03.10.2016, 16:04
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Re: Non-EU leaving CH; Pension Pilar II withdrawing

Thanks. The Finance Director at my firm said that some colleagues could not withdraw the entire amount of money...

I am leaving to Israel (not sure whether there are any pension agreements), any experience on this?

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It's not a law so no one would have the experience with it.

Current situation is that if you leave for a country without a pension agreement with Switzerland (most non EU), you can take it all out cash. And even some part of AHV (pillar 1) too.
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Old 03.10.2016, 16:20
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Re: Non-EU leaving CH; Pension Pilar II withdrawing

I'm not from Israel either, can't tell you any experiences. But there seems to exist some bilateral contract between Switzerland and Israel on AHV/IV (per this list of agreements), so my guess would be you'd be restricted in what you can do about your pillar 1 money then. No problem with withdrawing pillar 2 as far as I can tell.
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