Pension Plan

Pension Fund buy-ins are possible at any time until age 70 provided you are employed with Swiss Re in Switzerland and the maximum possible retirement savings capital according to the buy-in table has not yet been reached by the end of the current year.

Your payment will be credited to your individual retirement account and will earn the rate of interest set by the Pension Fund Board. This will result in a corresponding rise in your projected retirement savings capital when you retire and thus in your projected retirement pension.

Start the simulation tool in MySwissrePension to calculate the impact of a buy-in to the Pension Plan.

The maximum possible buy-in amount depends on the insured salary and the percentage in the purchasing table in Appendix A of the regulations. Should there be over insurance in the pension plan, i. that the pension plan has a higher savings capital than allowed according to the purchase table, this surplus is credited to the buy-in potential in the capital plan. Likewise, unremitted vested benefits and the portion of the Pillar 3a account that exceeds the allowable amount in accordance with the BSV (Table for calculating the maximum Pillar 3a balance) are deducted from the maximum possible purchase amount.

Please be aware that as an active member of the Pension Fund Swiss Re you can make a maximum of three buy-ins up to a combined CHF 1 300 000 per year.

Further Information

Tax aspects

As a rule, Pension Fund buy-ins can be deducted from taxable income, but this ultimately depends on the decision of the tax authorities. Following a buy-in, no lump-sum withdrawals may be made during a period of three years. If you fail to respect this required period, the tax authorities may retroactively deny the tax deductibility of your buy-ins. The buy-in amount contributed in the last three years may not be paid out as a lump sum.

Lump-sum payments include:

  • early withdrawals for the purchase of residential property
  • voluntary lump-sum payments on retirement as well as statutory lump-sum payments
  • cash payments after taking up self-employment or after emigration

This does not affect:

  • lump-sum payments in the event of disability or death

Important information

The following must also be taken into account for contributions:

  • Insureds who have made an early withdrawal from their pension fund assets to purchase property will no longer be able to make Pension Fund buy-ins until the withdrawal has been paid back in full.
  • Any existing leaving/vested benefits must be transferred to the Pension Fund. Where leaving/vested benefits exceed the maximum possible savings capital in the Pension Plan, the excess portion may remain in the vested benefits account. The remaining leaving/vested benefits will be set off against the maximum possible buy-in amount.
  • With every contribution, the blocking period of three years for lump-sum payments begins anew.
  • If you have moved to Switzerland from abroad and were never previously a member of a Swiss pension fund, your maximum annual buy-in for the first five years after joining the Pension Fund is limited to 20% of your insured salary.
  • If have funds in a Pillar 3a account that exceed the maximum permissible amount for your year of birth according to the table for calculating the maximum Pillar 3a balance, these will be taken into account when calculating your maximum possible buy-in potential.
  • In each calendar year, a maximum of three Pension Fund contributions may be made (Pension Plan, Capital Plan and ER account). Total buy-ins may not exceed CHF 1 300 000 in any given year.
  • Insureds who have paid pension compensation following divorce may repurchase this amount in full or in part at any time.

All buy-ins have to be done over your personal bank account.

Interest rates

Year Interest rate
During the year 2025 1.25%
Definitive for the year 2024 12.00%
Definitive for the year 2023 5.00%
Definitive for the year 2022 2.00%
Definitive for the year 2021 8.00%
Definitive for the year 2020 2.50%*

Definitive for the year 2019

 4.00%
Definitive for the year 2018

1.50%

Definitive for the year 2017

3.75%

Definitive for the year 2016

2.00%

Definitive for the year 2015

2.50%

Definitive for the year 2014

3.00%

Definitive for the year 2013

3.00%

Definitive for the year 2012

2.75%

from 1.9.2011

2.00%

from 1.1.2011

3.50%

2010

3.50%

2009

3.50%

2008

3.50%

2007

3.50%

 * If the conditions are met, an additional 2.25% additional interest.

Bank details for buy-ins to Pension Plan

Pension Fund buy-ins must be initiated via the "MySwissRePension" (via MyHR / Payroll & Benefits incl. Pension Fund) portal.
 
To start, click "Simulations" in the menu bar and select the Plan you wish to buy into.
In the "Buy-in to the Pension Plan" simulation, enter the desired amount and value date of the buy-in, then click "Next".
This will show you the simulation result. In a change from the previous procedure, you need to click the link on the result screen to generate the payment slip for the buy-in.