Threat of losing 50% of your Swiss pension

[gaijin]

@PhilMongoose

i think another risk is changing of rules.

Sure. I think there is already a thread for this aspect:

Pension Reform - what's new

This topic is to discuss some of the changes in pension rules and how this might impact FIRE or financial planning, including how we can benefit from the changes. Changes Alignment of the reference age for women to 65 years Flexibility in the choice of retirement date and partial withdrawal Incentives to work beyond the reference age The last one might be interesting for those of us who moved to CH and so have gaps in contribution. The provision to allow limited partial withdrawals might of…

Maybe we can keep this thread to the threat of loosing at least 50% of your guaranteed pension.

[markus654]

@gaijin Maybe tweak the opening post a little?

For example, it’s not clear to me whether you want to discuss the probability, or the “risks” that could lead to it, or examples from other countries, or all of this, or something else

[gaijin]

@markus654

Maybe tweak the opening post a little?

Thanks, did so.
My intention was to focus on a failure of the pension fund to pay out the money to retirees. Which I consider a very small risk in Switzerland.

[gaijin]

@PhilMongoose

I have a pension fund from a former employer just disappear too.

Was that in Switzerland? If so, did you initiate any legal action? Since we are mainly concerned about life in Switzerland, this would be a valuable story to share.

[gaijin]

Sorry for making yet another suggestion. But maybe it’s most helpful if we limit ourselves to the situation and to examples in Switzerland. I think most examples or studies from abroad are less relevant in the context of this forum. Of course, if you were directly affected by such an example, it can be relevant again.

[Butch]

I gave my example (from a western european country) just to illustrate the shenigans in a perfectly normal country.