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Old 06.07.2011, 18:40
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Temporary Assignment in the US - What happens to Swiss Pension?

Hi All,

I'm leaving my current employer in Basel and am taking a position with a new employer that has offered me a short 6 month contract in the US, followed by a permanent contract in Switzerland beginning early next year. Am I able to keep my pension untouched for 6 months and then transfer it to my new Employer's pension scheme when I return (without incurring any early withdrawal penalties)?

Many thanks in advance!

-T
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Old 06.07.2011, 19:52
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Re: Temporary Assignment in the US - What happens to Swiss Pension?

You will have to put it with a bank or insurance company for 6 months
and then put it into your company's pension fund.
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Old 06.07.2011, 20:32
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Re: Temporary Assignment in the US - What happens to Swiss Pension?

Thanks, Holliday,

Do you know if I will pay taxes on it or will the taxes be deferred if I transfer to an appropriate insurance/bank account?

T-T
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Old 17.07.2011, 15:10
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Re: Temporary Assignment in the US - What happens to Swiss Pension?

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Thanks, Holliday,

Do you know if I will pay taxes on it or will the taxes be deferred if I transfer to an appropriate insurance/bank account?

T-T
You will only get the tax bill if you cash out.
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