EU country

Since 1 June 2007, in accordance with the bilateral agreement between Switzerland and the EU, it is no longer possible, in the event of permanent migration to an EU or EFTA country, for the compulsory component of vested benefits to be paid in cash as long as the person is subject to the social insurance scheme in the destination country.

This restriction does not affect any non-compulsory vested benefit capital (ie extending beyond the BVG minimum). The non-compulsory component can still be paid in cash subject to submission of the required documents.

You can find your FSOPP savings capital and the non-compulsory amount of your savings capital on the second page of your insurance benefit statement.

This provision applies for all persons, regardless of nationality, who leave Switzerland permanently and migrate to an EU/EFTA country, as well as for cross-border commuters, who are also resident in an EU country.

 

EU countries as of

01.01.2019

EFTA countries as of 01.01.2019

Austria
Belgium
Bulgaria
Croatia
Cyprus
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Italy

Ireland
Latvia
Lithuania
Luxembourg
Malta
Netherlands
Poland
Portugal
Romania
Slovakia
Slovenia
Spain
Sweden

UK

Iceland
Norway
Principality of Liechtenstein
Switzerland

Impact of BREXIT on cash payments: The United Kingdom left the EU on 31 January 2020. The exit agreement provides for a transitional period until the end of 2020. This means that the United Kingdom will be treated as an EU state during the transition period. The cash payment of the BVG minimum savings due to definitive departure from Switzerland on departure for the United Kingdom therefore continues to be possible only if the person concerned is not subject to compulsory old-age, invalidity and survivors' insurance in that country.