Cashing in a foreign (Belgian) private pension

[ruairi]

I was working in Belgium for 2 years, and my employer paid into a pension fund on my behalf. I made no contributions. I have returned to Ireland to start a new job (yipee!!!).

I've no intention of staying with the Belgian pension company, and the pension fund would only buy a 2nd hand car at this stage.

Is it possible to cash it in in Ireland, or are foreign private pensions treated the same as if it were a PRSA?

 

[Dave Vanian]

Although you're now in Ireland, Belgian rules will govern whether or not you can cash in your pension now. So you'd need to ask the broker / administrator of the Belgian fund.

 

[ruairi]

Although you're now in Ireland, Belgian rules will govern whether or not you can cash in your pension now. So you'd need to ask the broker / administrator of the Belgian fund.

Thanks for that. I know if I had stayed in Belgium and cashed it in the Belgians would take (another) huge chuck of it.

I suppose I'm best just to transfer it into an Irish fund