- Benefits in brief
- Pension Fund Regulations
- Insurance certificate
- Entry / Admission
- Buy-in (purchase)
- Encouragement of home ownership
- Termination / Transferability of the termination benefit
- Old-age benefits (Retirement)
- Survivors’ benefits
- Disability benefits
- Payment of the benefits
- Conversion rates valid from 1 January 2013
- For the management
Additional voluntary contributions will improve your benefits and make you eligible for tax relief!
You have a purchase option twice a year which may be offset against tax. The maximum buy-in amount is approximated on your insurance certificate. We will be pleased to calculate your current purchase sum on request. Please make your request known to us by email or over the telephone.
Purchases must be applied for in writing. To apply, please complete and sign form E2 and send it back to us. Your application will then be checked for compliance with the statutory requirements and regulations. If everything is in order we will send you confirmation of our approval and a deposit slip. As soon as your payment has been received, we will issue the tax credit certificate which you can enclose with your tax return.
We recommend that you have the tax deductibility confirmed by the taxation authorities, especially in case of subsequent drawings of capital for home ownership or retirement. Purchased contributions cannot be withdrawn as capital (promotion of home ownership / retirement) for three years.
If advance withdrawals are made for home ownership then no further purchases may be made until the capital is repaid, except in case of divorce where repurchase is sanctioned.
Please do not remit any monies until you have received our written approval.
Relocation from abroad - restriction on purchase
Restrictions are in place for insured persons who move to the country from abroad and are insured in a Swiss pension fund for the first time, with the voluntary purchase allowance limited to a maximum of 20% of the insured salary per calendar year for the first five years.
New federal court ruling regarding the purchase of pension contributions
The federal court ruled (BGE 2C_658/2009 dated 12 March 2010) that contributions to the pension fund are only tax deductible if no capital is drawn from the occupational pension fund for the next three years thereafter.
The deduction of a contribution is therefore only likely to be allowed by the tax authorities if no capital is drawn from the occupational pension fund for the next three years after the contribution has been made. Failure to observe this blocking period would result in the adjustment of the relevant tax assessments and the cancellation of the deduction. It can be assumed that this would also affect any advance withdrawal for home ownership.
The insured person should seek clarification in advance on these matters from the local tax authority.