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Old 18.01.2018, 17:00
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Thank god one is out of all that shit!

Now an employee in Switzerland with age 50 who loses his job will find it hard to find another job. To expensive to employ someone over 50- AHV and Insurance.

https://www.bluewin.ch/de/news/inlan...den-syste.html
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Old 18.01.2018, 17:12
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Re: Thank god one is out of all that shit!

well i guess i will retire earlier than expected then!
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Old 18.01.2018, 17:17
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Re: Thank god one is out of all that shit!

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Now an employee in Switzerland with age 50 who loses his job will find it hard to find another job. To expensive to employ someone over 50- AHV and Insurance.

https://www.bluewin.ch/de/news/inlan...den-syste.html
Cut the salary to match is all that required, pension contributions are only legally required on about 60k of income so it's noise rather than anything else. I always had to charge a day rate to include all the employers social costs so I am speaking with some experience.
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Old 18.01.2018, 17:21
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Re: Thank god one is out of all that shit!

"pension contributions are only legally required on about 60k of income"

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Cut the salary to match is all that required, pension contributions are only legally required on about 60k of income so it's noise rather than anything else. I always had to charge a day rate to include all the employers social costs so I am speaking with some experience.
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Old 18.01.2018, 17:22
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Re: Thank god one is out of all that shit!

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Now an employee in Switzerland with age 50 who loses his job will find it hard to find another job. To expensive to employ someone over 50- AHV and Insurance.

https://www.bluewin.ch/de/news/inlan...den-syste.html
you're on fire today, greg!
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Old 18.01.2018, 17:29
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Re: Thank god one is out of all that shit!

Versichert sind alle Arbeitnehmerinnen und Arbeitnehmer, die schon in der 1. Säule versichert sind und mindestens 21'150 Franken im Jahr verdienen (Stand: 2017). Die obligatorische Versicherung beginnt mit Antritt des Arbeitsverhältnisses, frühestens mit Vollendung des 17. Altersjahres. Vorerst – bis zum Erreichen des 24. Altersjahres – decken die Beiträge nur die Risiken Tod und Invalidität ab. Ab dem Jahr nach Vollendung des 24. Altersjahres und bis zur Aufgabe der Erwerbstätigkeit wird zusätzlich für die Altersrente angespart.
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"pension contributions are only legally required on about 60k of income"

Quote your source
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Old 18.01.2018, 17:30
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Re: Thank god one is out of all that shit!

This is not really so new.
Switzerland is a very ageist country.
In Manor, where my wife works, they put a lot of people over 50 down to 60% - other option was goodbye.
IBM - where I worked, they weeded out the older employees using many excuses / tactics and short term carrot terminations.
It is expensive to pay for people in this age group - also they are a possible IV / bvg risk.
I know and have been fighting for 2 years to try and get money from the so called corporate insurances through lawyers.
On paper, everything looks rosy until you need to claim - then you have to look into the small print and your medical history.
Over 50 for companies are hassle - plenty of other disposable options around.
All the plans look nice on the charts until you actually need to use them. Believe me.
Getting as bad as the uk
Once you leave the company, the insurance firm comes after you with no holds barred
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Old 18.01.2018, 17:42
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Re: Thank god one is out of all that shit!

Broke out in a cold sweat reading the Beitrag, it´s not just CH it is a sig`h´n of the times everywhere you look.
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Old 18.01.2018, 17:46
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Re: Thank god one is out of all that shit!

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Broke out in a cold sweat reading the Beitrag, it´s not just CH it is a sig`h´n of the times everywhere you look.
And on the other hand, the pension age should be raised to 72, according to my employer (use Google translate):

https://insideparadeplatz.ch/2017/11...-weg-aufs-rav/
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Old 18.01.2018, 17:48
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Re: Thank god one is out of all that shit!

Thinking of the years I still would need to work..... 8 years and some months..... Better extend my savings regime as I might need it soon
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Old 18.01.2018, 17:48
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Re: Thank god one is out of all that shit!

Simply shows you are not a person-you are a commodity!
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And on the other hand, the pension age should be raised to 72, according to my employer (use Google translate):

https://insideparadeplatz.ch/2017/11...-weg-aufs-rav/
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Old 18.01.2018, 17:48
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Re: Thank god one is out of all that shit!

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And on the other hand, the pension age should be raised to 72, according to my employer (use Google translate):

https://insideparadeplatz.ch/2017/11...-weg-aufs-rav/
Yea, I read that sh*t. He has no issue retiring early, I have....
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Old 18.01.2018, 17:51
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Re: Thank god one is out of all that shit!

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Yea, I read that sh*t. He has no issue retiring early, I have....
Yet again, UBS will expect the state to pick-up the financial slack
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Old 18.01.2018, 18:01
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Re: Thank god one is out of all that shit!

I think your retirement shoud be based on how long you are expected to live.
Most of my predecessors died at 55.
I am 58 this year - maybe due to Swiss medicine - can I not have a few years to potter around annoying people, speaking about the old times and taking up seats on rush hour trains.
I think it is time to find a more user friendly country.
72? I will be 12 years in a very expensive Plegeheim at this time - being a pain in the arse
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Old 18.01.2018, 18:02
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Re: Thank god one is out of all that shit!

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Versichert sind alle Arbeitnehmerinnen und Arbeitnehmer, die schon in der 1. Säule versichert sind und mindestens 21'150 Franken im Jahr verdienen (Stand: 2017). Die obligatorische Versicherung beginnt mit Antritt des Arbeitsverhältnisses, frühestens mit Vollendung des 17. Altersjahres. Vorerst – bis zum Erreichen des 24. Altersjahres – decken die Beiträge nur die Risiken Tod und Invalidität ab. Ab dem Jahr nach Vollendung des 24. Altersjahres und bis zur Aufgabe der Erwerbstätigkeit wird zusätzlich für die Altersrente angespart.
Page 6 here suggests there is a ~60k legal minimum on pillar2, maybe there isn't such a limit on pillar1?

https://www.axa.ch/servlets/external...cesscode=aa5rs
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Old 18.01.2018, 18:10
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Re: Thank god one is out of all that shit!

you just need to set the retirement age equal to the life expectancy age and then on average, we should all be fine.
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Old 18.01.2018, 18:12
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Re: Thank god one is out of all that shit!

There is a limit on BVG payout - which is approx 60k. This is pillar 2.
The minimum is approx 21k
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Old 18.01.2018, 18:24
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Re: Thank god one is out of all that shit!

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Now an employee in Switzerland with age 50 who loses his job will find it hard to find another job. Too expensive to employ someone over 50- AHV and Insurance.

https://www.bluewin.ch/de/news/inlan...den-syste.html
Bin there, done that. At least I was pushed out with an AVS bridge to cover the difference until I hit 65.

The rising cost, to employers, of older employees is a terrible idea. It both encourages kicking out employees over 50/60 and makes recruiting them unattractive. At the same time, as already pointed out, the age of "retirement" (or, more accurately, when you get your state pension) is being pushed up too, leaving a nasty hole at the end of many careers.
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Old 18.01.2018, 18:42
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Re: Thank god one is out of all that shit!

Or go and teach in the U.K. where they have a massive shortage. Ambulance crew and nurses greatly needed. In those jobs, you work till the "end", if you make it till then!


Went on a hospital ward once, in the cardiac department: out of the 15 people on the ward, 8 were teachers and 4 were police officers!!

Last edited by McTAVGE; 18.01.2018 at 19:38.
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Old 18.01.2018, 18:48
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Re: Thank god one is out of all that shit!

I hope to hell and back I win the lottery before 50.
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