{"id":8720,"date":"2020-12-07T23:37:15","date_gmt":"2020-12-07T22:37:15","guid":{"rendered":"https:\/\/www.smolio.ch\/wissen\/key-pension-figures-2021-what-will-change-for-ahv-maximum-pension-bvg-pillar-3a\/"},"modified":"2024-09-17T08:35:03","modified_gmt":"2024-09-17T06:35:03","slug":"key-pension-figures-2021-what-will-change-for-ahv-maximum-pension-bvg-pillar-3a","status":"publish","type":"post","link":"https:\/\/www.smolio.ch\/en\/wissen\/key-pension-figures-2021-what-will-change-for-ahv-maximum-pension-bvg-pillar-3a\/","title":{"rendered":"Key pension figures 2021: What will change for AHV maximum pension, BVG, pillar 3a?"},"content":{"rendered":"Lesedauer<\/span> 6<\/span> Minuten<\/span><\/span>\n

Two factors determine your pension amount in old age.\nFirstly, what changes will be made to the key pension figures in 2021 (AHV and occupational benefits).\nAnd secondly, what you do privately in your own pension provision in the third pillar 3a and 3b.\nLike every year, a lot will change on January 1, 2021.\nWe\u2019ll show you what impact the changes to the 2021 key pension figures will have on your pension amount. <\/p>\n

<\/p>\n\n

In the 1st pillar, the AHV maximum pension will increase on January 1, 2021<\/strong><\/h2>\n\n

At least every two years, the Federal Council reviews whether the AHV\/IV pension amount needs to be adjusted in line with price trends.\nThe pension amount was last adjusted on January 1, 2019.\nFrom January 1, 2021, the minimum old-age pension will increase to CHF 1,195 (+CHF 10) per month and the maximum AHV pension for a full contribution period will also rise to CHF 2,390.\nThat\u2019s CHF 20 more per month.\nHowever, the so-called capping ensures that the sum of individual AHV pensions is limited for married couples.\nThe limit is 150% of the maximum amount of the two individual AHV pensions.\nAccordingly, the maximum combined spouse\u2019s pension from January 1 is CHF 3,585 (= CHF 2,390 * 1.5).\nFor you, the adjustment means that your future single AHV pension will increase by at least CHF 10 and at most CHF 20 per month for a full contribution period.\nThe AHV maximum pension is the key figure in the 2021 key pension figures, and other figures are derived from it. <\/p>\n\n

On the contribution side, self-employed and non-employed persons must now pay 10.6% (+0.05%) for AHV, IV and EO and at least CHF 503 (+CHF 7) per year.\nThe minimum contribution for voluntary AHV insurance will also increase by CHF 8 to CHF 958.\nYou can find out more in this information sheet<\/a>. <\/p>\n\n

As the \u201cPension 2020\u201d project failed in 2017, the Federal Council has decided to reform the first and second pillars separately.\nIn simple terms, the reform to stabilize the AHV (\u201cAHV 21\u201d project) provides for three measures (see details<\/a>).\nFirstly, AHV21 introduces a uniform reference age of 65 for women and men.\nWomen will therefore be \u201callowed\u201d to work longer until retirement.\nSecondly, you will be able to choose the time of your retirement more flexibly.\nAnd thirdly, all of this will be financed by a higher value-added tax of 8.4% in future, among other things. <\/p>\n\n

The social security system will be expanded to include paid paternity leave from January 1, 2021<\/strong><\/h2>\n\n

Are you having a baby soon?\nFrom 2021, all men will be entitled<\/a> to 10 days\u2019 paid paternity leave for children born on or after January 1, 2021.\nYou can take this leave individually or in one go within 6 months of the child\u2019s birth.\nYou will receive salary compensation of 80% of your average gross income before the birth, up to a maximum of CHF 196 per day.\nThis is paid for by contributions to the income compensation scheme (EO).\nThis is why your salary deduction for the EO contribution rate will increase from 0.45% to 0.5% from January 2021.\nFor employed fathers, the employer will bear half of these costs.\nWhat does this mean for you?\nWith a salary of CHF 78,000 per year as an employee, you will pay around CHF 20 per year to finance \u201cpaternity leave for all\u201d. <\/p>\n\n

Who gets paternity leave? <\/strong><\/h3>\n\n

Dads only get paid daddy leave if they meet a few conditions.\nFirstly, they must be gainfully employed at the time of the birth.\nSecondly, they must have been insured with the AHV for nine months before the birth.\nBut just \u201chaving been insured\u201d is not enough \u2013 thirdly, they must have been gainfully employed for at least five months during this time, i.e. have paid contributions themselves. <\/p>\n\n

In the 2nd pillar, the minimum interest rate remains unchanged at 1%<\/strong><\/h2>\n\n

There are no changes to the minimum interest rate for the 2021 key pension figures in the 2nd pillar.\nThe BVG minimum interest rate for mandatory occupational benefits insurance, which has been in force since 2017, will remain at its historic low of 1% for 2021.\nThe minimum interest rate only applies to mandatory <\/em>occupational pension assets.\nIn the non-mandatory <\/em>area, your pension fund is free to determine how high interest it pays on your pension assets.\nThe low interest rate in the mandatory sector means that your pension assets will only grow very slowly.\nIf you only receive mandatory benefits from your pension fund, a private pension is all the more important for you.\nYou can read here<\/a> how dramatically the low interest rate affects your pension amount. <\/p>\n\n

From what salary do I have to pay occupational pension contributions in 2021? <\/strong><\/h3>\n\n

This regulates the entry threshold, also known as the minimum annual salary.\nFrom January 1, 2021, the entry threshold will increase by CHF 180 to CHF 21,510 income per year.\nThis is always 6\/8 of the AHV maximum pension 2021.\nThis means that if you earn less than the entry threshold each year, for example because you work part-time or have two jobs that each pay annual salaries below the entry threshold, you will not receive an occupational pension later on. <\/p>\n\n

How much income is insured under occupational benefits insurance?<\/strong><\/h3>\n\n

On the one hand, the upper limit for your annual salary determines how much of your income is insured under the mandatory occupational benefit scheme.\nOn the other hand, the coordination deduction and the minimum coordination deduction also play a role.\nThese are further key pension figures for 2021. <\/p>\n\n

The upper limit will increase to\nJanuary 1, 2021 to CHF 86,040 (+CHF 720).\nIt is always calculated as three times the maximum AHV retirement pension (=3*28,680).\nTo ensure that certain income components are not insured twice in the AHV and occupational benefits insurance, the mandatory\n2nd pillar, the coordination deduction of CHF 25,095 is deducted from your annual salary (+ CHF 210 compared to the previous year). <\/p>\n\n

The coordination deduction is always \u215e of the maximum AHV retirement pension.\nFor income just above the entry threshold of up to CHF 28,800 (= coordination deduction + minimum insured salary), a minimum salary is always insured under the BVG, the so-called minimum insured or coordinated salary.\nFrom January 1, 2021, this will be CHF 3,585.\nSo if you work part-time and are just above the entry threshold, you will be insured for at least CHF 3,585 under the BVG.\nIncidentally, the threshold amounts and the coordination deduction apply regardless of your workload. <\/p>\n\n

What of my income is insured under AHV and what under BVG?<\/strong><\/h3>\n\n

You pay AHV contributions on your entire annual salary and build up pension entitlements from this.\nIn the mandatory occupational benefit scheme, you only pay contributions on part of your salary (= upper limit minus coordination deduction) and use this to build up your BVG pension entitlement.\nYou can imagine it like this: the first CHF 25,000 or so of your salary (= coordination deduction) is only insured under the AHV.\nYou pay contributions to both the AHV and pension fund for your future pension on the salary above this amount.\nFor salaries above the upper limit, you only save contributions in the occupational benefit scheme if your pension fund offers this.\nThe increase in the coordination deduction on January 1, 2021 therefore means that CHF 210 more <\/em>of your income will flow into the solidarity-based AHV redistribution model and at the same time CHF 210 less into the 2nd pillar, which is individual in principle.\nIn addition, CHF 720 more of your income will go into the BVG mandatory scheme because the BVG upper limit will increase. <\/p>\n\n

In pillar 3a, the maximum amount for 2021 will rise to CHF 6,883<\/strong><\/h2>\n\n

Other key pension figures for 2021, such as the small and large maximum Pillar 3a amount, are derived from the single AHV pension.\nAs the simple AHV maximum pension and thus the AHV pension amount will increase on January 1, 2021, the Pillar 3a maximum amount, which you can deduct 100% from your taxes, will also increase: <\/p>\n\n