How much is the 2nd pillar worth to us?

On Tuesday, the revision of the Occupational Pensions Act (BVG) will go to the next round, this time in the National Council. This is not only about the question of how part-time workers can improve their position in the second pillar. He will also advise how much the renovation of the 2nd pillar might cost.

There are different models on the table. Depending on the model, the total costs range from 42 to 58 billion francs. 21 Years. This is two to three billion francs of additional funds each year that go into the 2nd tier. This is necessary because we live longer and therefore receive more pensions.

However, the following is significant: according to the statistics of the pension fund for 2021, employer contributions amounted to 30 billion Swiss francs; employee contributions, however, are only up to $21.3 billion.

What does this comparison of numbers tell us? At first glance, we can count on very generous employers in Switzerland.

Employers are not required to pay higher contributions than employees. Many do so, and voluntarily. I’m not sure that all the affected employees are aware of this and appreciate it.

What is also often forgotten: it is possible with the aforementioned revision of the BVG only about legal minimum requirements, about mandatory. What is pumped into the system in excess of the legal minimum is super-mandatory; for example, those employer contributions that exceed the minimum requirements.

Now we have heard that the issue of rework costs is very controversial. The trade association, in particular, is fighting against excessive cost increases. He also did not want to support the compromise of the social partners.

We repeat: there are employers who warn against excessive costs; and then there are the generous employers who pay higher contributions than they should in the additional compulsory area. Now what? If now for the obligatory part higher contributions to the book could But employers additional mandatory benefits turn offto cover the higher costs of the mandatory part.

Unfortunately it doesn’t work only on paper. The reason is that we have pension funds with high and little or no additional benefits. In particular, businesses often have minimal insurance. They are being killed by the sharp rise in social costs.

But even those employers who can afford generous benefits from the pension fund are not interested in non-mandatory benefits. switch off. Namely, if the employer invests more money in the 2nd pillar pumps when he shouldhe does it voluntarily, but not entirely unselfishly.

Employers, that is, management, are also legally employees and are insured by the pension fund. You personally benefit from the generous benefits of your pension fund. That’s how he wants it funded procedure. Everyone saves for himself.

Source: Blick