Occupational benefit. Information for employees.
Entering the company
Joining a new pension fund
When joining a new company you become affiliated with a new pension fund. If you already made contributions to an occupational benefit scheme in a previous job, you are entitled to the assets from it, known as termination or vested benefits. These must be paid in to the new pension fund.
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 a company
When leaving a company you also leave its pension fund. You are entitled to the termination or vested benefits.
Case 1: You join a new pension fund
If you start a new job at a different company, you will join that company's pension fund. The vested benefits will thus be transferred from the old to the new occupational benefits institution.
Case 2: You need a vested benefits solution
If you are temporarily unemployed (e.g. owing to further education, becoming a parent, a stay abroad, unemployment) and do not yet know who your next employer will be, the pension fund assets must be transferred to a vesting institution by law. This means that your benefit cover in the 2nd pillar is retained. You can also transfer your savings to a vesting institution if you take up self-employment and are no longer subject to the occupational benefit scheme.
Case 3: You are requesting that your vested benefits be paid out
If you take up self-employment in Switzerland or if you are emigrating from Switzerland, your vested benefits can be paid out in cash. The following information sheet explains the provisions and restrictions you must observe for emigration and in particular with regard to the bilateral agreements with the EU.
