The essentials
Invest your occupational pension assets
The vested benefits account enables you to invest your occupational pension fund assets, in line with the provisions of the decree of 3 October 1994 on the free movement (libre passage) of assets relating to pensions, dependents and disability – the vested benefits ordinance (OLP).
Customised solutions to meet your needs
There are two options for managing your vested benefit assets:
Capital protection
In the event of death, your capital is protected and paid to the beneficiaries in accordance with the regulations. Vested benefit assets cannot be seized as long as they remain in the 2
nd pillar.
Insurance cover
You can take out additional pure risk insurance cover provided by Swisscanto Safe against the risks of death and disability.
Further information
An account intended to preserve capital
The purpose of the vested benefits account is to preserve pension capital pending its transfer to a new pension fund. This applies in the following cases:
- Temporary or permanent termination of a gainful activity
- Divorce proceedings
- Change of employer (pension fund surplus)
- Transition to self-employment status
Withdrawal conditions
This account pays interest on the capital at a fixed rate of interest. The vested benefits capital can be withdrawn early, at the earliest 5 years before retirement, under certain conditions:
- Financing / amortisation of a primary housing loan (possible every five years)
- Definitive departure from Switzerland but restrictions apply to EU countries, Iceland, Liechtenstein and Norway (more details on www.fglpp.ch)
- Starting a self-employed activity
- Full disability pension (from 70%)
- Vested benefit assets correspond to a contribution of less than one year to the occupational pension plan.
- In the event of the insured person's death (the capital is then paid to the beneficiaries)
Guarantee on deposits
Vested benefit assets benefit from the conditions under
the guarantee granted to deposits.
