At the end of your contract, you will have the option to take a transfer value or a deferred retirement pension, subject to the number of years of service that you have:

• less than five years of service: the transfer value is paid into another pension scheme or, at your request, into your personal Swiss bank account
• between five and  ten years of service: you have the choice of a deferred retirement pension, a payment into another pension scheme or, if the latter option is not possible, a payment into your personal Swiss bank account
• ten or more years of service: you have the choice of a deferred retirement pension, a payment into a pension scheme or, if the latter option is not possible, a payment into a private insurance scheme offering comparable guarantees