Employment contracts of unlimited duration
Entry into the Pension Fund takes place when employment commences, at the earliest, however, on the 1 January following the attainment of the age of 17. The Pension Fund Regulations form an integral part of the employment contract and are given to each employee. The short version of the annual report and financial statements is an other source of information on the Pension Fund Swiss Re.
The insured is covered against the risks of disability and death (risk insurance) until 31 December following or coinciding with their attainment of the age of 19. From 1 January following their attainment of the age of 19, their retirement benefits are also insured (full insurance.)
The leaving benefits from the previous pension scheme must be transferred to the new pension fund. The transferred-in leaving benefits will be used to make buy-ins to the Pension Plan. Any surplus that remains after the full potential buy-in to the Pension Plan has been used will be transferred to a vested benefits account at a bank.
Would you like to calculate your projected benefits at retirement, after paying in your leaving benefits from a former pension fund or after making a personal buy-in?
Start the simulation tool in MySwissrePension (via MyHR / Payroll & Benefits incl. Pension Fund) to proceed with the calculation.