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Old 27.10.2016, 22:16
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Re: Leaving to live in the EU & cashing in a Swiss Pension

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Thanks for the response!



With regards to the certified signature, they've (Swiss Life) have actually asked me to do it via a notary.



I need to clarify here: my mandatory payment was 600chf a month which came off my salary. What i mean is that only 500chf actually went into the pension pot. My agency cited Swiss Life's charges and fees as the reason the other 100chf was taken away each month. This seems really high to me and wondered what other people had experienced. In the UK pension companies charge only a few percent each year and not 100chf each month.





They've quoted me that I'd lose about 20% if i take the amount out which again sounds high to me.
Then go to a Notary, why ask if you have the answer?

Employer & Employee contributions get credited, the employer must pay a min of 50%. Disability insurance is required by law & waiver of premiums are included, this could cost the insurer 80% of salary until age 65, possibly several million chf, clearly that sort of insurance is not cheap. UK does not require that disability is insured, many older company schemes will cover this, personal ones if you pay . The charges for Swiss pensions are not high.
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