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| || |Some of it will be locked away in a vested benefits account anyway until you reach retirement age.
"Payout of the pension fund to persons moving to an EU / EFTA member state
Anyone leaving Switzerland to settle in an EU/EFTA member state, may generally not cash in their pension from the compulsory pension plan as persons in the new country of domicile are insured by law to receive old age, survivors' and invalidity benefits. The mandatory portion of your pension assets must therefore remain in a blocked account (vested benefits account or policy) in Switzerland and can only be paid out when you reach retirement age. The extra-mandatory portion of your pension, however, may be paid out in cash. The mandatory and extra-mandatory portions of your pension are listed on the personal insurance certificate under the heading ‘Retirement provision information’."
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This is very misleading as it's a poor translation of what the rules are.
If your leaving for an EU country you can cash in your pension for cash if the country your leaving to does not require compulsory insurance.
If your leaving for the UK, France, Germany, Austria, Spain, Malta, Portugal, Greece, Italy, Poland, Slovenia, you probably can get the money as cash & now. http://www.verbindungsstelle.ch/xml_...on/d51/f62.cfm
I got my pension paid as cash aged 53 & leaving to live in the EU.