Change of employer with transfer of existing BVG assets to the new pension fund
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Transfer of Pension Fund Assets following a Job Change: How it Works

When changing employers, employees must transfer their BVG capital to the new pension fund pursuant to the Federal Act on Vesting in Pension Plans. This payment forms the basis for the calculation of future payments to which the employee is entitled. 

When changing employers, the capital must be transferred from the pension fund of the former employer to the new pension fund. This is required under the Federal Act on Vesting in Pension Plans (FZG). Once you leave your current employer, you must complete a form from the old pension fund and provide the address of the new pension fund. The prior pension fund will calculate the termination benefits to which you are entitled and transfer them to the new pension fund. The new pension fund will show this payment (vested benefit) on the employee's pension certificate. It forms the basis for the calculation of the future payments.

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