Tom
Russia would be easier (though perhaps after Brexit it won't mke a difference), but it also depends on what country you are a citizen of.
British Citizen. Why does all of this matter? Do you not just give them an account number to send the money to?
You're cool, I like you. Gives me rep on every post
Rep would be the grey/green/red blob on the right hand side
Different rules for different countries, depending on bilateral agreements.
So, UK, you have to wait until you retire.
Tom
However, note that Pillar 1 contributions are not recoverable, as these are mandatory "pay as you go" contributions which are paid out by the government to those who claim on the funds at the time, and are not ring-fenced in an individual account earmarked for the person who paid them in.
Pillar 2 and Pillar 3 contributions are in individual custodian accounts and (as Tom points out) depending on the country and your age you may be able to transfer them out when you leave Switzerland. Or, in certain circumstances, you can use them to pay off a Swiss mortgage. Unless you have made a special payment yourself there will be nothing ion your Pillar 3 account as this is a voluntary tax-free contribution, I think.
However, I disagree with Tom that 31% tax is the correct source tax for Zug residents (even those in the highest tax bands) and I strongly suggest that you check this with firstly your personnel department and then with an independent tax adviser. Off the top of my head I though source tax on salaries in Zug was around 20%, but I may be wrong and that may be out of date. It could be that they have applied Zurich source tax, in which case that 30%+ number would seem to be correct, so you may need to enter into a discussion with the company on this, if you do have a Zug issued B permit.
This link from an earlier forum may be helpful:
Thanks mate, you were 100% right, I followed up with payroll and they ed up -- they applied the Zurich tax rate instead of Zug. I am getting some money back next month.
Tom was too busy congratulating himself for being the forum asshole to notice.. He's gonna make another smug comment or two in this thread cause he can't help himself..
If you don't know the correct answer then don't answer at all.
You can withdraw (before retirement age) the non compulsory part of your pillar 2 if you're British and move to the UK.
And the compulsory part?
And pillar 1?
Tom
I would have thought Pillar 1 will be utilised to pay out a Swiss old age pension when the time comes.
Shut up Tom
I ended up getting 5k back from pointing out this error. Thanks again, much appreciated.
Depends on your work status as if you require insurance (pension)
Pillar 1 taken as per Swiss rules, if taken before a UK OAP which is allowed Swiss medical insurance must be paid.
Nope. In the UK it's PAYE so each month the tax us calculated from your gross pay as if that gross pay is your "normal" monthly income, just as it is when taxed at source in CH. Any bonus received would alter the tax paid for thst month because HMRC assume that each month's pay is the pay you get each month. Obviously the personal tax allowance is factored in and there are different tax rates depending on income thresholds. However, in my experience HMRC are pretty speedy at refunding any overpaid tax as calculated each financial year. That may be the only difference.
Welcome to CH: where your money doesnt always go as far as you may have been led to believe
We got some back "cash", some can, i believe, can come back in the form of a payment towards a purchased property or mortgage.
From Pillar 2.
If you say so, I didn't sort it personally.