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Old 07.03.2008, 10:13
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pension contributions for contractors

Hi folks,
i'm considering starting work in switzerland as a contractor,
I understand that i will have to make swiss pension contributions ,
even as a self employed person. I read that contributions for >35 year olds is 10% typically for a 'normal' employee, without employer contributions. As self-employed would I need to also pay the employer contributions (?) - and then what would my final pensions contributions be?

thanks,
Stu
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Old 07.03.2008, 10:52
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Re: pension contributions for contractors

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Hi folks,
i'm considering starting work in switzerland as a contractor,
I understand that i will have to make swiss pension contributions ,
even as a self employed person. I read that contributions for >35 year olds is 10% typically for a 'normal' employee, without employer contributions. As self-employed would I need to also pay the employer contributions (?) - and then what would my final pensions contributions be?

thanks,
Stu
Yes. You pay both halves.

The amount depends on what kind of pension.

That depends on your agency:
Swisslinx pay the minimum, Xenar pays the maximum, Ajilon gives a choice.
Dunno about the others.
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Old 07.03.2008, 10:54
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Re: pension contributions for contractors

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Yes. You pay both halves.

The amount depends on what kind of pension.

That depends on your agency:
Swisslinx pay the minimum, Xenar pays the maximum, Ajilon gives a choice.
Dunno about the others.
Elan pays pretty minimum. This is one of the reasons I'm going for a permie job, I think it pays off in the long run, unless you decide to pay back in to 2nd pillar which was something I considered. But at 10K a year for 10 years, I might as well go permie with a cozy package.
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Old 07.03.2008, 11:16
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Re: pension contributions for contractors

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Elan pays pretty minimum. This is one of the reasons I'm going for a permie job, I think it pays off in the long run, unless you decide to pay back in to 2nd pillar which was something I considered. But at 10K a year for 10 years, I might as well go permie with a cozy package.
I turned the dark side last month and "internalised". This sounds nasty, but I'm looking forward to paid holidays etc etc.
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Old 07.03.2008, 11:17
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Re: pension contributions for contractors

In the golden old days, I was paying the maximum I could......something I see John has continued with Xenar

As a scumbag contractor, you pay both parts. This should also result in some tax being avoided
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Old 07.03.2008, 11:18
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Re: pension contributions for contractors

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I turned the dark side last month and "internalised". This sounds nasty, but I'm looking forward to paid holidays etc etc.
It's quite remarkable that I never had a sick day as a contractor but have been quite ill since I went permie.

Go figure
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Old 07.03.2008, 11:20
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Re: pension contributions for contractors

hi,

Thanks! good info. Any ideas what the min and max are, in % terms or otherwise? what kind of figures are we talking here?
Cheers!
Stu
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Old 07.03.2008, 11:31
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Re: pension contributions for contractors

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hi,

Thanks! good info. Any ideas what the min and max are, in % terms or otherwise? what kind of figures are we talking here?
Cheers!
Stu
Min is around 7% of the difference between around 26K and 80K CHF, split equally between employer and employee.
For a nearly 40 something.
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Old 07.03.2008, 11:36
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Re: pension contributions for contractors

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I turned the dark side last month and "internalised". This sounds nasty, but I'm looking forward to paid holidays etc etc.
Paid leave, sick leave, paid travel, bonus, pension, 13th check, food allowance, training, sports facilities... the list goes on. For me, the benifits of the dark side outweigh the instant gratification of contracting.

Contracting as the Chinese would say, ride a horse to search for a horse. use them contracting jobs to find the permie job you want.
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