Yearly statement of your vested benefits account

Why have you received this letter?

You hold a vested benefits account with the Substitute Occupational Benefit Institution. Following your departure from a pension fund, your contributions have been transferred to our institution. You may have arranged for this transfer to take place or it could have been carried out by your previous pension fund. Unless indicated otherwise, pension funds are legally obliged to transfer the contributions of insureds that are no longer members of the fund

In this letter, we keep you up to date with the current status of your account on an annual Basis.

For answers to the most frequently asked questions about the Vested Benefits Account, please click on the following link:


Next steps

What do you need to do?

If you are working and insured through a pension fund, you should arrange for your assets to be transferred to your current pension fund. To make the transfer process easier for you, you are welcome to use our online form.

Alternatively, you can also print the form out and fill in before returning it to us by mail. If you have any questions about the details of your pension fund, your employer will be happy to help you.

Please note that your vested benefits in accordance with Art. 16 of our rules will be transferred to the LOB Guarantee Fund if we do not receive an order from you in advance after ten years from the AHV retirement age.

Important information

For legal reasons, you are obliged to have your vested benefits transferred to your new employer’s pension fund.

  • As of 1 January 2020, the current interest rate for the vested benefits accounts is 0.01% (subject to any interest rate adjustments made during the year)

  • You can find further information about the figures listed on your account statement here: Account Statement.


Transfer to new pension fund

You are an employee and are insured with a benefits scheme. You therefore need to transfer your vested benefits to this benefits scheme.

Transfer to a vested benefits foundation

You would like to invest your vested benefits with a different vested benefits organisation (bank, insurance company).


Stiftung Auffangeinrichtung BVG
Vested benefits accounts
8050 Zurich