Should you leave Switzerland permanently, your options depend on
1) if you have emigrated to a non-EU/non-EFTA state you can choose whether you
maintain the retirement fund cover (options in this case see below, 3)) If you apply for payment within 6 months after your contract has ended, an application must be submitted to your last employer’s retirement fund (prévoyance.ne). You can do this before leaving Switzerland. Your employer will provide you with the necessary forms when you leave the occupational fund.
2) if you have emigrated to an EU/EFTA state and are not subject to any social insurance, see 1)
3) if you have emigrated to an EU/EFTA state and are subject to any social insurance in that country, you can withdraw just part (the non-compulsory portion) of the accrued capital. The obligatory part has to stay in Switzerland until you will retire. In this case, the termination benefit can be transferred into
a special blocked bank account (so called comptes de libre passage =vested benefits account)
or a blocked insurance policy (so called polices de libre passage = vested benefits policy)
or the so called auxiliary fund
However, you have to inform your last pension scheme about your decision. Should you not make a decision the PRÉVOYANCE.NE will transfer the cash termination benefit to the auxiliary fund (BVG) 6 month after the termination at the earliest. More information about the auxiliary fund (www.chaeis.net – Phone: 0042 41 799 75 75)
4) Shouldn’t you have applied for cash payment of the termination benefit, the retirement fund cover remains in the 2nd pillar-account. In general, the occupational retirement fund of your last employer will transfer your termination benefit to the auxiliary fund no sooner than six months and no later than two years after you leave your job. Then an application for payment must be addressed to the auxiliary fund.
Stiftung Auffangeinrichtung BVG