Your friend is not well-informed. If he is a European citizen as you indicate (more exactly, if he is a European resident, as for outside Europe, I have no clu

Your friend is not well-informed. If he is a European citizen as you indicate (more exactly, if he is a European resident, as for outside Europe, I have no clue), he will be able to transfer his annuity to his country of residence. As far as I know, he can do it now or he can do it a few years before going into retirement. Source : I'm exactly in the same situation and asked at the services of my current country of residence (France)