Pillar 2a, what happens when I leave CH?

[nkbhnomfcmmwxdlula]

If I leave Switzerland for another country what happens to my Pillar 2a? I’ve heard that it gets transferred to a bank account and that I earn no interest in it. Is this true? Is it possible to transfer it to some company like Finpension or VIAC that allows me to invest my money however I want?

Also when I take the money out of Pillar 2, do you know if I will be taxed in my new country (EU)? Is there an EU-wide rule ?

[Barto]

Hi, search “vested benefits” in the forum as it has been discussed mutliple times

@nkbhnomfcmmwxdlula

Is it possible to transfer it to some company like Finpension or VIAC

Yes

@nkbhnomfcmmwxdlula

Also when I take the money out of Pillar 2, do you know if I will be taxed in my new country (EU)? Is there an EU-wide rule ?

Depends on Dual Tax Agreement with Switzerland which is per country NOT EU wide. Discussed here for example

[San_Francisco]

@nkbhnomfcmmwxdlula

If I leave Switzerland for another country what happens to my Pillar 2a?

You have to instruct your pension fund where to transfer your benefits to.
If you don‘t, I‘ll open up a vested benefits account for you.

@nkbhnomfcmmwxdlula

I’ve heard that it gets transferred to a bank account and that I earn no interest in it. Is this true?

No, virtually all vested benefits accounts pay interest (or allow for other investments).

@nkbhnomfcmmwxdlula

Also when I take the money out of Pillar 2, do you know if I will be taxed in my new country (EU)?

Probably, yes. Though as @Barto already, said, depends on the applicable DTA. I assume most countries do tax the payout (especially after Brexit).