Purchase of pension benefits 2020

Purchasing options for pension capital savings

If your salary together with the Award is up to CHF 127,980, you are insured under the pension capital savings (pension capital and pension capital supplementary account pension pots). If you are eligible to purchase additional benefits, you will receive an overview of your individual purchasing options.

Payments into pension capital savings increase your retirement savings capital and thus your retirement pension, but have no effect on the amount of disability pension. This is based on your pensionable salary in the Pension Fund. The level of your retirement pension, irrespective of the accrued retirement savings capital and any personal payments into the Pension Fund, does not affect the amount available for the disability pension, nor do any advance withdrawals under the promotion of home ownership or transfers due to divorce.

Purchasing options for retirement capital savings

If your salary together with the Award amounts to more than CHF 127,980, you are also insured under the retirement capital savings (retirement capital and retirement capital supplementary account pension pots). Assets in the capital-accumulating pension pots are paid out exclusively as a lump sum when you retire.

Due to a regulatory change initiated by the Swiss Supervisory Commission on Occupational Pensions (OAK BV), the purchasing options for retirement capital savings will decrease slightly from 2021.

Payment terms and payment deadline

Please use only the payment slips bearing your personal reference number, which you will find on MyPension. Due to technical changes, the final date for purchases per calendar year is now the last bank working day of each calendar year. Purchases will be booked with the value date of the day on which they are received; application of a retroactive value date is not permitted.