On the 19. May votes, the Swiss people through a tax reform and the financing of the AHV. Now also a movement in the debate on the Reform of the occupational Pension scheme. The Swiss pension Fund Association Asip submit a proposal for a Reform of the second pillar. The legal minimum conversion rate should already be in 2021 from the current 6.8 to 5.8 percent.
This means: Today one-year results from 100'000 CHF retirement capital retirement of 6800 Swiss francs. According to the proposal of the pension Fund Association, it would be from 2021 even 5800 francs, or 15 percent less. Thanks to the compensation measures of the pensions according to the should not fall Asip but still.
"If we postpone the Reform of the pension plans, the need for Correction is becoming bigger and bigger," says Asip Director Hanspeter Konrad. The social partners, employers and workers would be social to Minister Alain Berset, until in April a reform plan to present, were able to maintain their appears to be no agreement. Berset granted them an extension until the summer. The pension Fund Association is now launching a Plan of his own.
looking at During the Asip, the Reform as absolutely necessary, protesting SP-national councillor Corrado Pardini: "A reduction in the conversion rate from 6.8 to 5.8 per cent who are Affected, a pension reduction of 15 percent. For me reductions in this amount is absolutely unthinkable, especially as there is a lot to a lot of money in the funds and insurance to be drained."
from the lowering of the minimum conversion rate of the Insured persons in the funds, which assure much more than the statutory Minimum would be Affected in the first place. The are an estimated 43 per cent of men and 49 percent of women, mainly Employed in industries with lower wages.
The majority of the workforce is insured in the pension funds, voluntary services. You are not affected by the Asip Plan. Their coffers have enough extra-mandatory cal capital, the lower the conversion rate, without legal barriers. Most of them have done already: The average conversion rate is, therefore, already today at 5.64 percent, as the recent investigation of the pension consultant, Complementa.
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As a pension reduction is counteracted
not to fall are the future of pensions in spite of the reduction of the conversion rate, the Asip Plan a series of measures:
The Insured of an earlier age save: already with 20 years, instead of only 25.
The Insured save more: These are the old credits, so the savings contributions, the employee and the employer in equal parts make a Deposit, increases, according to age: In the 25 - to 34-Year-olds from 7 to 9 percent in the 35 - to 44-Year-olds from 10 to 12 percent and in the 45 - to 54-Year-olds from 15 to 16 percent. In the case of the Older ones, they remain unchanged at 18 percent.
women will go with men at 65 in Pension.
The mandatory insured persons annual salary will be increased by a percentage, less the coordination deduction (60 percent of the AHV salary, to a maximum of 21 330 Swiss francs). Thus the BVG pensionable salary, and the existing bad insurance of part-time increases in General-Working with multiple employment will be improved.
The Asip Plan, according to calculations by the pension Fund consultant, C-alm to an increase in the annual savings contributions of employers and workers by around 2.1 billion Swiss francs.
For the transition generation, born from 1956 to 1965, are affected by the pension reduction up to 15 percent and there is not enough retirement capital to build, the proposal of the Association of Compensation deposits in your retirement savings.
According to the calculations of Reto Leibundgut from the pension Fund consultant, C-alm is surpassed with this model, the original performance goal for all the cohorts in the transition generation, if you assume a future real rate of return of 0.7 per cent. In the past, the real interest rate amounted to 1.2 percent.
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For low-wage earners with AHV-up to 35'000 francs the old-age pension increases in wages in the transitional generation, even without any real interest, despite the rapid reduction in the conversion rate. For higher incomes, the compensation springs be able to reduce the old-age pension.
The goal of the proposal is the long-term financial security of the 2. Pillar and the preservation of the performance objective for the pension: 1. and 2. Column together result in a pension in the amount of 60 per cent of income.
The active employees is less and less interest
Although the pension funds are launched, thanks to the stock boom well into the year 2019. According to Complementa achieved in the first four months, a return of 6.5 percent. But because of the persistently low interest rates, the asset investment is becoming increasingly difficult.
In the last seven years, the pension funds were able to generate an average return of 4.3 per cent. For the next few years the prospects are not so good. The asset mix of the pension funds is calculated according to the calculations of Complementa a return perspective, of only 2.3 percent.
The life expectancy of 65-year-old men in the last twenty years, over three years increased. The accumulated old-age credit balance is not sufficient to Finance the promised pension over the longer life. The return on investment is therefore used for the current pensions.
According to the latest Complementa-study, the pension funds in 2018 have been credited to the retirement assets of pensioners, an average of 2.2 percent interest rate. The active employees received on your credit, however, only 1.4 percent interest rate, which is the lowest ever imposed value.
system adverse redistribution from the Younger to the retired people
The Occupational Pension Supervisory Commission estimates the redistribution from active Insured persons to pensioners on 6 to 7 billion Swiss francs a year. The main reason for the high BVG conversion rate of 6.8 percent. As long as the statutory minimum conversion rate and the retirement age is not increased, lowered, as it is this redistribution that is not provided by the System.
for a long time as exemplary Swiss 3 viewed-columns-System is therefore in trouble. In an international comparison of pension systems, the consulting company Mercer, the once leading Switzerland has fallen in the last year to 11th place out of 34 countries.
The reason for reform jam. The people rejected in 2010, a BVG-Revision with a moderate reduction in the conversion rate significantly. And in 2017, it also rejected the pension reform of Federal councillor Alain Berset. Without the agreement of the social partners in the reform backlog will not be solved.
With his new proposal, the pension Fund Association to break the Blockade. "The Reform is urgent. The later we act, the more drastic the measures will be," says Hanspeter Konrad.
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Created: 12.05.2019, 10:10 PM