Contribution categories

With effect from 1 January of the year in which they turn 18, employees who earn more than CHF 21 330 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 25, employees who earn more than CHF 21 330 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 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.

The employer pays a maximum retirement credit amounting to 18.5% of your insured salary in all contribution categories.

Contribution categories - retirements credits

 

Contribution category

Total retirement credit as a % 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), which is 4% of your insured salary and the contribution for your supplementary pension, which is 1% of your insured salary, is 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.

< Click here > 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.