The BVG is the Federal Law on Occupational Old Age, Survivors’ and Disability Benefit Plans. It regulates occupational pension provision (the so-called “2nd pillar”) in the Swiss pension system. The 2nd pillar is intended as a supplement to the 1st pillar and provides supplementary benefits in old age and in…
Non-mandatory benefits – these are benefits provided by a pension fund that go beyond the statutory minimum occupational benefits. While the mandatory benefits include the mandatory BVG benefits, the extra-mandatory benefits are an extra.
The NZZ headlines “Many Swiss have no idea about old-age provision” and SRF 10vor10 reports on a pension fund model that provides for temporary pensions – in the extra-mandatory scheme. We think it’s time to take a closer look at the pension fund. Because that’s what matters.
