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Old 29.09.2015, 18:48
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Re: Pension - What percentage of my BVG (Pillar 2) payments go into my "pension pot"

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In my case, the employer's contribution to my pension fund was fixed according to an age related scale ranging from zero percent of the insured salary (for workers under 22 years old) to 13.0 % (for workers of 55 or over).
The insurance element was 2.65% of the insured salary (not age dependent) and was paid wholly by the employer.
My own contribution was also age dependent and I could also chose between a standard, plus and extra contribution level (e.g. for a 55 year old could chose 9.5%, 11.0% or 19%).
This should all be described in the rules of your pension fund and you should get an annual statement explaining what has been saved on your behalf.
The insured salary, in my case, was 100% of my salary.


Hi me.anon,


I can see a number of variables here:


1) The insured salary amount, which may or may not differ from the entire salary amount.
2) You own contribution, which has a set of age-dependent-predetermined tiers, from which you select one.
3) The employer's contribution, which is prescribed and tiered depending on age - and this is applied against the insured salary amount, which in your case is the entirety of your salary.
4) All of the above is fine, provided the employer meets the minimum stipulated by regulations i.e. employer contributes an amount at least equal to the employee's contribution on the BVG salary, and the employer contribution here is above and beyond that required for UVG.


Have I got it correct, now?
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