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Old 04.07.2014, 21:09
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Second pillar 2te Seule and children

I was attentively following this thread Second pillar pension cash withdrawls to be banned and was wondering how it works with children.

Do your children get whatever you have saved for retirement in case of not making it to retirement age? or you lose everything to the state? That's an important question for me when considering whether to beef up the 2nd pillar.
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Old 04.07.2014, 21:30
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Re: Second pillar 2te Seule and children

Yes there is a "survivor" for the partner or orphan income for the kids.
There is a minimal duration of 5years of marriage for the partner to get the income.
It's described in the policy of your LPP insurance.
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Old 04.07.2014, 21:36
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Re: Second pillar 2te Seule and children

OH's 2nd pillar only allows the spouse/children to inherit 42 percent. I have no idea what happens to the rest... Perhaps it goes back to the pension fund.

Hence our plan of taking it all out when we leave Switzerland. That way we would get back all we (and I say 'we' because that's how we run our household) paid in, plus the expected investment income.

Reading that other thread, how I wish that money not been invested in the company pension plan...
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Old 04.07.2014, 22:12
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Re: Second pillar 2te Seule and children

Most people don't realize that in your 2nd pillar you have an obligatory part and a sur-obligatory.
1) The reform proposed by the federal government is only for the obligatory part.
2) every amount you invest in 2nd pillar to reduce taxes goes in the sur-obligatory part
3) the reform proposed does not affect those who leave the country. It wants to lilt the cash out for buying a house, starting an independent business or at retirement.

For your information, there is about 800 billion CHF in LPP....145 billion in the obligatory part and 655 billion CHF in the sir-obligatory part.

I will stay invest in my LPP to reduce my tax burden.
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