Your retirement. Well prepared.

When you reach the statutory AHV retirement age, you can choose from three types of benefit – depending on what best suits your circumstances.

01 Old-age pension
A monthly, predictable pension – calculated on the basis of the retirement savings from your occupational pension plan up to your retirement and the current conversion rate.

02 Retirement capital
Would you prefer a one-off payment? You can withdraw your retirement savings in full or in part as a lump sum. This requires a written application – and, for married couples, the consent of their spouse.

03 Pensioners’ child’s pension
If you have dependent children (who are still in education, for example), a child’s pension will be paid in addition to your old-age pension.

How is your pension calculated?
Two figures determine your annual pension: your retirement savings on retirement, plus the conversion rate, which currently stands at 6.8%.
Sample calculation: CHF 100,000 in retirement savings × 6.8% = CHF 6,800 annual pension.

Retire early or work for longer?

• From the age of 58, you can take early retirement – the conversion rate decreases by 0.2% for each year of early retirement.
• You can defer your retirement until the age of 70 if your employer agrees.

When you can’t work anymore.

If you become incapacitated for work, you not only lose your income – you also need support you can depend on. The Foundation pays the following benefits, provided that all eligibility criteria are met:

• Disability pension, calculated on the basis of the projected retirement savings and the conversion rate
• Disability pension for children
• Disability waiver: your savings continue to accrue as if you’d paid in yourself

If you’re insured under TEMP PREMIUM or FIX INTERN, you are entitled to additional disability benefits.

So that your family isn’t left to cope on their own.

In the event of an insured person’s death, the Foundation ensures that the surviving dependants receive the benefits to which they are entitled. If all the conditions are met, the following benefits are paid:

• Widow’s/widower’s pension or one-off lump-sum
• Orphan’s pension
• Pension for divorcees
• Death benefit for unmarried persons
• Additional death benefit for all insured persons: 50% of the insured earnings

We need the following documents from you:

• a copy of the family register
• a copyof the death certificate
• a medical certificate of cause of death
• a copy of the certificate of inheritance
• a copy of the AHV decision on survivors’ pensions
• confirmation of any benefits from other social insurances (e.g. SUVA daily allowances)
• bank details for the transfer

If the insured person was divorced:
a copy of the final divorce order.

In the case of dependent children:
birth certificates, a certificate of university enrolment or apprenticeship contract, as well as the monthly sum of any family allowances.

Our team will be happy to support you with all the formalities.

Your pension plan goes with you.

If you withdraw from the Foundation and have made contributions and reached the age of 25, you are entitled to a vested benefits payment (Freizügigkeitsleistung, FZL). This sum – the balance in your savings account as at the date of departure – is transferred directly to your new pension plan. We guarantee the minimum benefits in accordance with BVG and vested benefits legislation.

Within three months of departure, you will receive a certificate of departure containing all the details, along with a questionnaire about the payment.

No information – no problem.
If you don’t specify a new pension plan, we transfer your vested benefits to the Substitute Occupational Benefit Institution within six to nine months, as specified by law. As soon as your employer notifies us of your departure, the documents will be sent out automatically.

Contact Substitute Occupational Benefit Institution:
German 041 799 75 75 | French 021 340 63 33 | Italian 091 610 24 24

Even after a divorce: a clear-cut arrangement.

If the Foundation is required to transfer part of your vested benefits following a divorce order, it will first draw on the early retirement account. Following this, retirement savings and related benefits are reduced on a pro rata basis – the same proportion for all accounts, including the minimum BVG balance.

Important: Please let us know well in advance if a divorce is underway.

Death following a divorce
If a divorced insured person dies, the surviving spouse is entitled to a survivor’s pension subject to two conditions:

• The divorce decree provided for a pension or lump-sum settlement, and
• The marriage had lasted for at least 10 years.

Your home. Part-funded by your retirement savings.

Anyone wishing to buy their own home can use their savings for this purpose – provided they have at least CHF 20,000. There are two options: early withdrawal or pledging.

It’s important to realise that an early withdrawal will reduce your future benefits. Before making a decision, we recommend considering whether supplementary private cover is a good idea.

How do I apply for an early withdrawal or a pledge?
Please complete the application form and submit it together with the required documents. We check whether your application complies with the statutory provisions (WEFV) and let you know the outcome.
There are two limits you should be aware of:

• Minimum amount: CHF 20,000
• From the age of 50, the maximum amount is the higher of: the accumulated capital at age 50 (less any early withdrawals) or half of the currently accrued capital.

Please send the completed form by post – or contact us directly.

Voluntary buy-in for double the benefit.

A voluntary buy-in with the Pension Fund requires you to have an ongoing insurance policy with the Foundation. How much you can pay in voluntarily depends on statutory provisions and current fiscal practice. Contact us – we’ll sort it out together and send you the necessary documents.

By making a voluntary payment into your pension plan, you benefit twice over: you’ll not only save on tax in the current year, but will also profit from the power of compound interest in the long term.

We would be happy to assist you with planning and executing a voluntary buy-in.