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  #101  
Old 22.10.2018, 22:56
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Re: Leaving to live in the EU & cashing in a Swiss Pension

So it's 500CHF every time Easy !
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  #102  
Old 01.11.2018, 18:14
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Re: Leaving to live in the EU & cashing in a Swiss Pension

Thanks for this thread, lots of very useful information.

Two months ago, after 16 years in CH, I left for the UK. I completed all the required paperwork to get my pillar 2 mandatory contributions paid out. I know the LOB are working on this as I've received correspondence.

However, that's not my immediate concern. What is of concern are my pillar 2 extra-mandatory contributions. The pension company refuses to release them. I've given notice of withdrawal twice, it's only valid for a month and then expires! All my e-mails, including those to the tax consultant who recommended the company, get ignored for a month. If they reply at all they send me another form to fill in.

I'm really fed up of this bureaucratic nonsense. It seems the more you ask, the longer things take.

The company concerned is well known and based in Schwyz. I expected better. It looks like the practice of the Swiss trying to keep money that doesn't belong to them is alive and well.

If anyone has any suggestions as to how I pursue this (apart from expensive lawyers) I'll be very grateful.

JB
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  #103  
Old 07.11.2018, 18:01
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Re: Leaving to live in the EU & cashing in a Swiss Pension

Thank you for this great thread, especially to Fatmanfilms. I'm looking for a little help here if anyone is able, I'm getting confused.



I left Switzerland earlier this year to return to the UK, and filled in the LOB form to withdraw my LPP payments, I think in the way described in posts above. About a month ago I received the HMRC form, completed it, and sent it back. I have now received a letter from LOB saying that HMRC have confirmed that on the relevant date of 10/10 I was liable to complulsory insurance in the UK, and that my obligatory LPP is blocked until the conditions of cash payment are fulfilled.


Can anyone throw any light on this? If HMRC are referring to NI then do I need to actually retire in order to not be liable? Any help much appreciated.



Cathy
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  #104  
Old 07.11.2018, 18:42
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Re: Leaving to live in the EU & cashing in a Swiss Pension

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Thank you for this great thread, especially to Fatmanfilms. I'm looking for a little help here if anyone is able, I'm getting confused.



I left Switzerland earlier this year to return to the UK, and filled in the LOB form to withdraw my LPP payments, I think in the way described in posts above. About a month ago I received the HMRC form, completed it, and sent it back. I have now received a letter from LOB saying that HMRC have confirmed that on the relevant date of 10/10 I was liable to complulsory insurance in the UK, and that my obligatory LPP is blocked until the conditions of cash payment are fulfilled.


Can anyone throw any light on this? If HMRC are referring to NI then do I need to actually retire in order to not be liable? Any help much appreciated.



Cathy
The 'new' mandatory work place pension is the issue, I suspect you are currently employed. If you become unemployed I think you could make the withdrawal. This is a recent issue since I started the thread, as I do know someone from the forum who did this 5 years ago which is where I got the idea from as everybody I spoke to had said it was impossible.
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  #105  
Old 07.11.2018, 20:29
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Re: Leaving to live in the EU & cashing in a Swiss Pension

Thank you for the swift response Fatmanfilms That makes a lot of sense, but I'm currently self-employed, and filled that in on the HMRC form. My understanding was that that the workplace pension scheme only applied to employees. Maybe I should ask HMRC for clarification.
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  #106  
Old 02.12.2018, 20:12
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Re: Leaving to live in the EU & cashing in a Swiss Pension

I'll also leave Switzerland soon, I'll be moving to France. I've my 3rd pillar with ZKB and my girlfriend has it with the Post.

My question is, can we withdraw the money while still living in Switzerland if we have some kind of certificate that we are leaving or we can withdraw the money only once we are in the new country?

I'm asking this, because I don't want to pay the high French taxes.

Also is there a table where I can see the tax for each canton?

I used this tool https://www.liberty.ch/en/3a-retirem...thholding-tax/ and it seems that Aargau has the lowest taxation.
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  #107  
Old 02.12.2018, 21:01
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Re: Leaving to live in the EU & cashing in a Swiss Pension

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Thank you for the swift response Fatmanfilms That makes a lot of sense, but I'm currently self-employed, and filled that in on the HMRC form. My understanding was that that the workplace pension scheme only applied to employees. Maybe I should ask HMRC for clarification.
Fill in the form linked to earlier in the thread & wait, pretty sure you will be successful.
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  #108  
Old 02.12.2018, 21:02
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Re: Leaving to live in the EU & cashing in a Swiss Pension

I doubt you can get it unlit you have left, the pension company will want proof your living in France. Not sure how taxation would work in France, you need to read the DTA with CH.

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I'll also leave Switzerland soon, I'll be moving to France. I've my 3rd pillar with ZKB and my girlfriend has it with the Post.

My question is, can we withdraw the money while still living in Switzerland if we have some kind of certificate that we are leaving or we can withdraw the money only once we are in the new country?

I'm asking this, because I don't want to pay the high French taxes.

Also is there a table where I can see the tax for each canton?

I used this tool https://www.liberty.ch/en/3a-retirem...thholding-tax/ and it seems that Aargau has the lowest taxation.
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  #109  
Old 05.12.2018, 16:34
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Re: Leaving to live in the EU & cashing in a Swiss Pension

Lots of very useful information in this thread, does anyone have a contact for Axa Winterthur? (most of my current attempts have been unsuccessful), the Company I worked for has closed down and I left Switzerland 7 years ago, so now looking to withdraw the 2nd Pillar,
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  #110  
Old 06.12.2018, 08:36
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Re: Leaving to live in the EU & cashing in a Swiss Pension

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Lots of very useful information in this thread, does anyone have a contact for Axa Winterthur? (most of my current attempts have been unsuccessful), the Company I worked for has closed down and I left Switzerland 7 years ago, so now looking to withdraw the 2nd Pillar,
how hard did you try? heard of google?

link
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  #111  
Old 06.12.2018, 16:51
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Re: Leaving to live in the EU & cashing in a Swiss Pension

Thanks for the reply, i did try hard but will try even harder now!
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