The options for the payout would be:
Payment of vested benefits upon departure abroad.
A. Persons living outside the EU - EFTA: The total amount of vested benefits can be paid out in cash.
B. For persons living in the EU - EFTA, the cash payment of the extra-mandatory part of the vested termination benefits is for persons moving to EU or EFTA country is possible.
This amount is shown on our termination of service statement; it is the difference between the highest amount under letters A and B.
For the compulsory part of the vested benefits, a distinction must be made between two different initial situations differentiation must be made:
1. if an individual is subject to compulsory insurance, the compulsory part of the vested benefits must be vested benefits must remain in an account with a vested benefits foundation in Switzerland.
2. if a person is not subject to compulsory insurance in an EU or EFTA country, the compulsory part of the vested benefits may be paid out in cash. Proof that the person is not subject to compulsory country of residence is not subject to compulsory insurance must be provided.
Further information at:
Self-employment as main occupation
Pension benefit is less than one annual employee contribution
Attainment of the statutory retirement age from the age of 58 at the earliest