Leaving

Leaving

What to do in order to leave the occupational pension plan from Vita

As an employer you have an obligation to give your pension fund notice of your employees' leaving if the employment relationship ends. The saved funds from the occupational pension plan must be transferred to the new employer's pension fund. If employees do not join a new pension fund or have already joined one, the leaving payment is transferred to the vested benefit policy or a vested benefit account. In the case of leavings or retirements during the year, all premiums are due on the leaving date.

This is how you proceed as an employer

When you announce the leaving of your employee to the pension fund, you ensure that you will only pay premiums for the hired and insured employees at the end of the year.

  1. The easiest approach is for you to report the leaving through our online employee pension plan.
  2. Alternatively, you can also use the Leaving from the employee pension plan form. When giving notification of a leaving, please give us your employee's current residential address and confirm whether your employee was fully capable of work on the leaving date.
  3. Please send us the completed form by mail or email to:

    Zurich Insurance Company Ltd
    Help Point BVG
    Postfach
    8085 Zürich
    bvg@zurich.ch

Please note

We will prepare a benefits statement and send it straight to the insured. A statement will also be sent to you as the employer. It will show you how your premiums have changed due to your having notified us of your employee's leaving.

This is how you proceed as an employee

You have a new employer and a new pension plan

  1. Send us the full payment details for your new employer's pension plan. In most cases, you will be sent a paying-in slip or an information sheet by your new employer or new pension plan.
    Please send us these documents. You can use our sample letter as a basis. Please do not forget to add your personal data to the documents.
  2. Please send the letter to:

    Zurich Insurance Company Ltd
    Help Point BVG
    P.O. Box
    8085 Zurich
    bvg@zurich.ch

You have not yet left your current employer, but you already know your new pension plan

  1. In this case you can forward the payment details for your new pension plan to your current employer. Your current employer will inform us of the details for your new pension plan when they notify us that you are leaving the company.
  2. Or send us the full payment details for your new pension plan. In most cases you will be sent a paying-in slip or an information sheet by your new employer or new pension plan.
  3. You can use our sample letter as a basis. Please do not forget to add your personal data to the documents.
  4. Please send the letter to:
    Zurich Insurance Company Ltd
    Help Point BVG
    P.O. Box
    8085 Zurich
    bvg@zurich.ch

You do not yet have a new employer or are giving up gainful employment

  1. In this case you can open a vested benefits account with the Zurich Vested Benefits Foundation or with a vested benefits institution of your choice. Your pension funds' assets will remain in this account until you either take up a new job or have your pension funds' assets paid out in a lump sum.
  2. As soon as you have opened a vested benefits account in your name, please send us a copy of the confirmation that the account has been opened or of the paying-in slip showing the payment details. 
  3. You can use our sample letter as a basis. Please do not forget to add your personal data to the documents.
  4. Please send the letter to:

    Zurich Insurance Company Ltd
    Help Point BVG
    P.O. Box
    8085 Zurich
    bvg@zurich.ch

Your next steps

As soon as we have received notification of your leaving and the full payment details, we will transfer the funds and confirm this for you by mail. Please note that we can only process leavings from the reference date, and that the leaving payment can only be made after your effective leaving has been processed.

Online employee pension plan

As simple as e-banking

  • Manage your contracts and data regarding pension planning
  • Plan your liquidity on a basis of a daily updated balance
  • Calculate comfortably the contribution for new employees online

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