Capital withdrawal in the case of emigration

Capital withdrawal in the case of emigration

You are emigrating and wish to withdraw your pension capital

If you are leaving the economic area of Switzerland/Liechtenstein for good, then you are no longer insured under the mandatory occupational retirement provision. Therefore, under certain conditions you can have your departure payment paid out in cash. Depending on where you settle, different conditions apply to your cash withdrawal:

You are emigrating to an EU/EFTA country 

If you are emigrating to an EU/EFTA country, you can withdraw the non-mandatory part of your departure payment in cash. The mandatory part of your departure payment must be paid into a vested benefits account with a Swiss vested benefits foundation. In exceptional cases there may be no compulsory insurance in your new country of residence. In these cases, it is possible to submit an application to the BVG security fund in order to have the mandatory part of your departure payment also paid out in cash. 

You are travelling to a destination outside the EU/EFTA

You may withdraw the entire departure payment if you settle in a country outside the EU/EFTA.

How to proceed

Whether or not you have already given in your notice to your employer, you can send us the necessary documents so that we can transfer your departure payment immediately on the date of your departure.

  1. Please send us the following documents for the cash payment of your departure payment:

    Confirmation of deregistration from your municipality
    Cash payment of the departure payment
     
    Further requirements depending on marital status:

    You are married
    Your spouse's signature

    In the case of cash payments of more than CHF 50,000, your spouse's signature must also be certified by a mayor of the municipality or a notary

    You are not married
    Proof that you are unmarried (Civil status certificate, which is not older than one month.)
  2. Please send your complete documents to:

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

Next steps

As soon as we have received the notification of departure from your employer and your complete documents regarding payment, we will transfer your departure payment and send you written confirmation by mail.

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