I have a question in regards to AHV/AVS, ALV/AC and Pension contributions.
Can somebody please advise upon leaving switzerland permenantly (for Non-Eu), which contributions one can cash out ?
I appreciate your comments/input regarding this matter.
Sam
If you're going to leave the EU you can reclaim 2nd and 3rd Pillars, paid into a bank account of your choosing.
Mark
Der Antrag auf Rückvergütung kann bereits vor der beabsichtigten Ausreise oder nach der Ausreise bis zum Erreichen des
Rentenalters oder nach dem Todesfall der versicherten Person eingereicht werden. Der Anspruch auf Rückvergütung verjährt mit
dem Ablauf von fünf Jahren seit dem Versicherungsfall.
translation:
An application for a refund may be submitted before the planned departure or after departure up until the insured person reaches
retirement age or after his death. Entitlement to a refund is limited to five years from the case of insurance, however.
JK
The agency which deals with my company has asked me to pay 450 CHF to perform as an escrow and get me that money. They have asked me to sign Power of Attorney and SERVICE AND ESCROW AGREEMENT.
Will it be really worth it?
I will be leaving next saturday, is there any cheaper way to do this than going through this agency?
Appreciate if anyone can let me know of the complications if I try doing it by myself :-)
Note: you do not get insurance elements back - only the state pension contributions.
Apologies if this was answered earlier
And in a case of a EU citizen leaving Switzerland again to a EU country? Does it work the same way?
Many Thanks
a.contardi
I am going to leave switzerland to go travelling. As i will not be going to an EU country i would like to withdraw my contributions.
However if after travelling i was to return to the EU or indeed switzerland, there wouldnt be a problem? i wouldnt have to pay back anything?
Is there anything to watch out for (e.g. additonal payments or any paperwork necessary) so that one does not loose the AHV contributions that one has made while living and working in switzerland?
Is there any way to one can loose these AHV pension if one is UK citizen and goes back to UK? I just want to see if there is anything that one needs to be watching out for before or after leaving Switzerland.
For the AHV payout one of two things will happen once you retire based in the UK. Either your CH AHV payments will be recognized as equivalent to UK payments by the UK authorities for your 30 year retirement years or if you have 30 years by the time you retire in the UK alone (depending on the retirement age applicable to you in the UK at the time currently up to 67 but may be extended at any time in the meantime) you may get your partial AHV pension from the Swiss direct in CHF at the Swiss retirement age.
If you retire outside the UK it'll be different again depending on the bilateral arrangements in place with that country and the UK.
(Differences between Canada and US for example for Cost of living adjustments etc).
It's quite complex and you may be advised to find a bilateral practitioner.
In essence any country where there's a UK bilateral where you've paid for one year means you get a partial payment or recognition later.
So keep your paperwork (Lohnausweise) and AHV card handy.
Finally if you were out of the UK less than 5 years you may be able to pay up your UK contributions in arrears before April 5th of each year. Check out direct.gov.uk for details.
So there is no paperwork to be done before and after leaving Switzend to ensure that the AVH pension is not lost? Just keeping good records (AVH card and statements)?
Thanks