The new pension rules have made it possible to leave your fund to any beneficiary, including a partner without paying a 55% ‘death tax’. Many people want to leave their assets to their family when they pass, and a pension is now a tax-efficient way to do this.

Who is entitled to Swiss pension?

In Switzerland, women receive an OASI pension from the age of 64 and men from the age of 65. Under the OASI scheme, pensioners can draw their pension one or two years before retirement age. Under the occupational pension scheme, it is possible to take early retirement (starting from the age of 58).

Can I keep my C permit if I leave Switzerland?

In some cases, a C permit can be maintained for 4 years maximum if the holder decides to move overseas for study or professional purposes. If the holder of a C permit leaves the country for more than 6 months without freezing his permit, the C permit expires after 6 months.

How much money do you need to retire in Switzerland?

To retire comfortably or buy property in Switzerland, you probably want to at least have several hundred thousand dollars in savings, and an income close to six figures.

How are pension funds divided up in Switzerland?

Since January 1, 2017, a new law has applied in Switzerland. It ensures that pension fund assets are divided up more fairly. Divorced people who undertook care duties during the marriage may have been at a particular disadvantage in the past.

Can you get a Swiss pension if you work in another country?

If you also made contributions to a state pension scheme in another country that has a social security agreement with Switzerland, then you may also be able to receive these pension allowances alongside your Swiss pension. If you’re leaving Switzerland, then you must notify the Swiss pension fund office before you leave.

Where does a foreign pension or annuity distribution come from?

A foreign pension or annuity distribution is a payment from a pension plan or retirement annuity received from a source outside the United States. You might receive it from a: foreign employer trust established by a foreign employer

How does the AHV pension system in Switzerland work?

Furthermore, if you contribute to the AVS for at least one year, then you can access this pension. The amount of AHV state pension that you will receive depends on the number of years that you contributed in Switzerland, as well as your average income during the insurance period.