Changing Jobs: How to Handle Your Pension Correctly

Starting a new job often feels like a fresh beginning, but many forget a crucial point: their personal pension coverage. Between resigning and starting a new role, it's easy to end up with a gap in occupational benefits (BVG), vested benefits, or even accident insurance.

Key points to keep in mind

• BVG vested benefits: When you leave a job, your BVG pension funds are transferred to a vested benefits account. Make sure to choose a bank or foundation yourself, otherwise, your assets may end up in a default collective account.
• Accident insurance: After leaving your job, you remain covered for up to 30 days. Beyond that, you need to secure private coverage, such as a UVG extension or a voluntary policy.
• Unemployment: If there’s a gap between two jobs, the unemployment office will cover your social insurance, provided you are registered. Otherwise, you may face gaps in coverage.

Who is most affected?

This is especially relevant for people taking extended breaks, sabbaticals, or time abroad. It also applies to those becoming self-employed, who must take action to continue their occupational pension voluntarily.

Our tip: Secure yourself early with a consultation. It’s the best way to avoid losses and ensure long-term protection for your retirement and unforeseen situations.

Source: Ratbacher Blog Article