If I stop working in Luxembourg, will I lose all of the benefits of my retirement plan?
If you no longer work in Luxembourg, for any reason whatsoever, and you have subscribed to a savings or retirement plan there (old-age provision insurance plan), there are two solutions open to you:
- either you continue to pay your premiums but, no longer being a Luxembourg taxpayer, you can no longer complete the tax declaration and you will consequently not benefit from the tax deduction.
- or you stop paying your premiums and wait until the end of your contract to recover all of your capital, which will have grown.
We recommend that you ask your manager for advice in taking your decision.