Can you transfer your Luxembourg workplace pension when changing jobs?

A transfer question starts with the pension regulation, not the contribution total alone. The official Guichet procedure says acquired rights can depend on the vesting period in the regulation and your length of service. Open the official procedure.

Also identify whether the scheme promises defined contributions or defined benefits. A figure visible in a statement is not, by itself, proof that the same amount is fully transferable.

If you cannot identify the scheme or manager, start with the Pillar 2 statement guide.

Depending on the pension regulation and the legal conditions, the official options are:

1. Preserve the acquired rights in the former employer's scheme.
2. Transfer them to the new employer's supplementary pension scheme.
3. Transfer them to an approved supplementary pension scheme.
4. Buy back the acquired rights where the regulation and legal conditions allow it.

For a transfer into the supplementary pension scheme of a new employer, Guichet lists the agreement of the member, the former employer and the new employer. The new employer is not described as being required to accept incoming rights.

Ask the new employer whether its scheme accepts incoming transfers before asking the former manager to start the process.

The official procedure also permits a transfer to an approved supplementary pension scheme, described as a pension fund or supplementary pension insurance. It states that this transfer may not generate transfer fees.

The official page does not provide a current list of commercial products that accept incoming rights. Clerio does not recommend or name a receiving product in this guide.

A buyback is available only if the pension regulation allows it and one of the legal conditions is met. Guichet lists a reserve threshold or loss of Luxembourg health-insurance coverage because of a new activity as the relevant routes.

Only the member may initiate a buyback. The member receives the current reserve value as capital, and the rights and obligations under the original scheme end. A buyback is not available while the member remains in active service with the employer that established the scheme.

1. 01

   Find the latest statement and pension regulation

   Keep the scheme name, employer, member reference and current values together.
2. 02

   Confirm which rights are acquired

   Ask the former employer or manager to identify the acquired rights in writing.
3. 03

   Identify the receiving route

   Ask the new employer whether its scheme accepts transfers, or ask the current manager about an approved receiving scheme.
4. 04

   Request the departing-member form

   Use the form provided by the former employer or its appointed manager.
5. 05

   Get the outcome in writing

   Keep the transferred value, effective date, fees or charges, receiving reference and final confirmation.

If the responsible employer or manager cannot be identified, use the official IGSS Supplementary Pension Scheme Department page.