Pensions

Retirement Pension

The amount of your Pension Fund retirement pension depends, on the one hand, on the assets in the pension capital and pension capital supplementary account pension pots and on the other, on the conversion rate at the time of your retirement.

If you retire In 2019 at the age of 65, the retirement pension will equate to a maximum of CHF 94,687.

CHF 99.540

Maximum total pensionable compensation in the pension capital pension pot
x 1672.378%Purchase 1 rate of Top contribution option
= 1664.685Maximum assets
x 5.688%Conversation rate at the age of 65 in 2019
= 94.687Maximum retirement pension

Due to the incremental reduction in the conversion rate, the maximum retirement pension will successively fall to to CHF 80,987 in 2025.

Lower Retirement Pension upon Early Retirement

Many people in Switzerland would like to retire early. However, early retirement is costly. If you retire before the age of 65, you will receive your retirement pension at a reduced level, firstly because of the lower conversion rate and secondly because of the lower pension capital. The savings process is ended ahead of time, which means that fewer savings contributions are paid in, and you do not benefit fully from the compound interest effect. Therefore, examine the financial repercussions very closely. If you prefinance the pension capital supplementary account, you can close the financial gaps.

AHV Bridging Pension

If you take early retirement, you will be able to draw a self-financed AHV bridging pension. You can finance this temporary pension either by making a purchase or by opting to receive a lower retirement pension for the rest of your life.

Retirees's Child's Pension

In addition to your retirement pension, you will receive a retiree's child's pension if you have children under 18, or children under 25 who are in education or training. The retiree's child's pension amounts to the following percentages of your retirement pension:

  • 15% for one child
  • 30% for two children
  • 45% for three or more children

Support Pension

If you have a child that itself draws a disability pension upon reaching the age of 18, the Pension Fund will pay a support pension, insofar as an entitlement exists at this point in time for:

  • Disabled person's child's pension
  • Retiree's child's pension
  • Orphan's pension.

The support pension ends upon any loss of the disability pension of the child or upon your death.