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Old 27.08.2020, 13:56
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Re: Pension Confusion

We have to look ate the different pillars.

Pillar 3b is the most simple. It covers any thing not covered in any of the otherr pillars such as your classic car collection or the money stuffed in your mattress. This can be used any time as you wish. Even when you are a Swiss resident.

Pillar 3b Voluntary contributions are simply known as spending less, saving money, and investing.


Pillar 3a is the next simplest. If you move abroad you can cash it in. Citizenship does not matter.

Pillar 3a Voluntary contribution does not make any sense at all. No tax advantage when you pay in, tax when you get the money, other financial products have better returns.

Pillar 2 non-mandatory part, same as with Pillar 3a. But you might have to cash in the mandatory part as well.

Pillar 2 mandatory part. Here it begins to get tricky. Switzerland has some agreements with other countries, specially the EU and EFTA. If you have emigrated to an EU/EFTA state and are not subject to the social security obligation in that state (e.g. if you make no contributions to the local pension system), you may be able to withdraw the full amount. Citizenship does not matter.
https://web.aeis.ch/EN/pages/216/Cas...o%20emigration
http://www.verbindungsstelle.ch/xml_...on/d51/f61.cfm

UK and Brexit
Till December 31, 2020 same rules as for EU/EFTA. Afterwards like non-EU/EFTA unless a new agreement between UK and Switzerland is drawn up.
http://www.verbindungsstelle.ch/xml_...ation/f650.cfm

Pillar 2 voluntary contributions while residing abroad. Not sure if possible, but in the end like pillar 3a it would not make any sense: No tax advantage when you pay in, tax when you get the money, and other financial products have better returns.
https://web.aeis.ch/EN/pages/240/Vol...%20individuals

Pillar 1 if you move to an EU/EFTA country: Not possible https://www.ahv-iv.ch/p/880.e

Pillar 1 if you move to a non-EU/EFTA country: Possible if you are not a citizen of any of the countries Switzerland has a concluded a Social security agreement.
https://www.ahv-iv.ch/p/10.03.e

Pillar 1, voluntary contributions are possible in certain cases. https://www.ahv-iv.ch/p/10.02.e
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