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My company is merging with a foreign company as part of a croporate takeover. What will happen to the money in the company's pension fund? Is it secure?
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My company is merging with a foreign company as part of a croporate takeover. What will happen to the money in the company's pension fund? Is it secure?
Hi there,
In Switzerland, pension funds operate as individual entities, so money held in pension funds is not affected by changes in company ownership. This holds true even if the pension fund services a single company only. You pension savings and subsequent pension will not be affected by a change in ownership of the company employing you.
Best regards from Moneyguru
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