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Old 02.02.2011, 11:24
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Pension Fund on leaving

I am leaving switzerland soon and I would like to know if what would be the best solution for me regarding my pension fund. Pillar 1 and 2.

I am an Indian national and going to india. I would like to know if I can leave my PF over here or I have to close it in switzerland. I have worked for 4 years now.
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Old 02.02.2011, 12:18
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Re: Pension Fund on leaving

if you are leaving Europe, you can cash out your Pillar 2 and take it with you, just talk to your Pillar 2 fund manager, and be aware that you will be taxed on your withdrawal. (Or you can just leave it open here and start taking withdrawals at retirement age)

For Pillar 1, I'm not sure and I'm also interested to know how you can get back your Pillar 1 investment I think you just have to wait until you are retirement age (65?) and then contact the Pillar 1 authorities and ask for your monthly payments to start?
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Old 10.02.2011, 18:25
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Re: Pension Fund on leaving

Hi,

You may either leave your pillar 2 invested in your pension here with your employer, or cash it in at the time you are leaving. You can choose to invest these funds in a number of ways as an expatriate.

Your pillar 1 must remain within your pension investment as this is the obligatory part of your pension.

Hope this helps
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