Occupational benefit. Information for employees.
Entering the company
Admittance to a new pension fund
When you start work at a new company you also usually join a new pension fund as well. If you already made contributions to the occupational benefit scheme in your previous occupation you are entitled to the accrued savings assets, the so-called termination benefit or vested benefit. This must be transferred to the new pension fund. Therefore please ask your new employer to give you a payment slip and forward this to your previous pension fund and/or previous employer.
Pension issues during employment
* The General Regulation Provisions of all foundations have been revised and made clearer and more readable. The annexes to the General Regulation Provisions (organization and partial liquidation regulations) are also managed as separate regulations. The numbering in benefit plans issued before 01.01.2020 may therefore differ from the numbering in General Regulation Provisions issued at a later date. In such cases, please refer to the subject sections.
Leaving the company
When leaving the company you also leave the pension fund. This means you are entitled to the termination or vested benefit. Find out below what you can do with this.
Scenario 1: you enter a new pension fund, or you have opened a vested benefit account
If you start a new job with a different employer you usually join the employer's pension fund at the same time as well. The vested benefit is therefore transferred from the old to the new employee benefit institution. Therefore please ask your new employer to give you a payment slip and forward this to your previous employer so that your vested benefit can be transferred.
Scenario 2: you need a vested benefit solution
If you are temporarily not in gainful activity (e.g. due to further training, parenthood, a stay abroad, unemployment) and you do not yet know who your next employer will be, according to the law the pension fund assets must be transferred to a vesting institution. Thus your benefit coverage in the 2nd pillar remains in place. You can also transfer your savings assets to a vesting institution if you are becoming self-employed and are no longer subject to the occupational benefit scheme. If necessary, the assets can be paid out later.
Scenario 3: you request the cash payment of the vested benefit
If you become self-employed within Switzerland or if you leave Switzerland, in some special cases it is possible to have a cash payment of your vested benefit. The following information sheet will inform you of the provisions and/or limitations that you have to observe with regard to leaving Switzerland within the framework of the bilateral agreements with the EU.
