Contribution categories

With effect from 1 January of the year in which they turn 18, employees who earn more than CHF 22 050 a year are insured by the Pension Fund for the risks of death and disability. The contributions for this cover are fully paid by the employer.

With effect from 1 January of the year in which they turn 20, employees who earn more than CHF 22 050 a year are insured by the Pension Fund for the risks of death and disability and also pay savings contributions.

Members can choose from three contribution categories under the Pension Plan.

You can choose from three contribution categories in the Pension Plan. Category 1 is the default category for contributions. Insureds can change their contribution category at any time provided that they retain the new one for at least one year. The amount selected is paid into the insured's individual retirement account in the form of a retirement credit and is deducted directly from the insured's salary.

Please note that in the event of an illness or accident resulting in long-term incapacity to work after the employer's obligation to continue paying your salary, you are only exempt from contributions to the pension fund for the percentage of your personal savings contributions that you have chosen. If you have chosen a category 2 or 3 contribution, the exemption will only be granted to the corresponding 4.8% or 0% and can no longer be changed.

The employer pays a maximum retirement credit amounting to 9.5% of the insured salary for persons aged 20 to 24 in all contribution categories and 18.5% of the insured salary for persons aged 25 and over in all contribution categories.

Further Information

Contribution categories - retirement credits

Insured persons from age 20 to 24

 

Contribution category

Total retirement credits in % of insured salary

Of which retirement credits (contributions) paid by the insured

Of which retirement credits (contributions) paid by the employer
1 19.0% 9.5% 9.5%
2 14.3% 4.8% 9.5%
3 9.5% 0.0% 9.5%

Insured persons from age 25

 

Contribution category

Total retirement credits in % of insured salary

Of which retirement credits (contributions) paid by the insured

Of which retirement credits (contributions) paid by the employer
1 28.0% 9.5% 18.5%
2 23.3% 4.8% 18.5%
3 18.5% 0.0% 18.5%

Contributions for risk insurance and supplementary pension

The contribution for risk insurance (death and disability), of 3% of the insured salary, and the contribution for the supplementary pension, of 0.6% of the insured salary, are paid in full by the employer.

Change in contribution category

Would you like to change your contribution category?

Please note that in the event of illness or accident resulting in long-term incapacity for work after expiration of the employer's pension obligation, you will only have to pay the percentage of your personal savings contributions you have chosen. If you have chosen a category 2 or 3 contribution, the exemption would only be granted to the corresponding 4.8% or 0% and could not be changed. This means that your retirement pension would be correspondingly very low.

Log in to 'Self-service' area in 'MySwissRePension' (via MyHR / Payroll & Benefits incl. Pension Fund) and tell us which category you would like to switch to. This will be effective as of the 1st of the month following receipt of your notification and cannot be changed for 12 months.