Partial retirement

The Pension Fund offers you the flexibility of taking retirement between the ages of 58 and 70. Partial retirement with a corresponding reduction in the degree of employment is possible from the age of 58. The following must apply:

• Partial retirement must be taken in no more than three steps, the third step being full retirement. 
• The degree of employment must be reduced by at least 20% of full-time occupation in the first step of partial retirement, and then by discretionary percentages at each of the two steps thereafter. 
• At each stage of partial retirement, the choices are a pension or a lump-sum payment or a combination of both. 
• The maximum savings capital in the Pension Plan and the ER Account that can be used to finance the pension  is CHF 4 000 000. 

Please note that you cannot increase the remaining employment level again in case of a partial retirement. Some cantonal tax authorities stipulate minimum steps of more than 20%. We therefore recommend that you check with your tax authorities before taking partial retirement.

The simulation tool in MySwissRePension lets you calculate your prospective prorated retirement benefits for different degrees of partial retirement.

Supplementary pension

The effective amount of the supplementary pension is based on the individual predicted OASI pension. The insured must submit an application to the relevant compensation office for a pension to be calculated in advance and must provide this advance calculation to the Pension Fund Swiss Re. If an insured fails to fulfil their obligations to cooperate and to provide information, the entitlement to the supplementary pension will be suspended until all obligations have been met. Suspended payments will not be back paid.