My friend recently changed jobs and got the first salary, we noticed that the PK-Beitrag is quite high – CHF381.- (CHF5675.- salary) while in comparison, I make around 2k more per month and my BVG-Beitrag (PK and BVG Beiträge are payments to the Pensionskasse right?) is only CHF220.
Could someone explain what might be going on here? Thanks

by gyvenitikkarta

6 comments

  1. Everything should be in your work contract, including how much is paied by you (and the employer) into your PK.

    Looks like your friend has 6%, whereas you have only 2%. As the percentage is often (at least) matched by the employer, your friend got the better deal than you (12% instead of 4% once you retire will make …some… difference).

    That’s why the salary is not the only number you have to look at when you want to compare total recompensation for your work.

    Edit: tldr: Every employer has his own PK-solution, some pay more, some less.

  4. The PK is an an individual insurance premium which depends on the insurance company and policy of the employer. The following factors also influence the price:

    – Age (older employees pay more PK)

    – Previous pension fund savings and inflow

    – Annual salary estimation provided to insurance by HR

    Your friend can request a pension fund certificate which shows the key figures and details.

  5. 7% is normal for gastronomy for example. Higher is better, cause employer pays the same amount on top. In his case it is 762 CHF on his Pension fund.

    [https://l-gav.ch/vertrag-aktuell/v-lohnersatz-und-sozialversicherungen/art-27-berufliche-vorsorge](https://l-gav.ch/vertrag-aktuell/v-lohnersatz-und-sozialversicherungen/art-27-berufliche-vorsorge)

    “Für Mitarbeiter ab 1. Januar nach Vollendung des 17. Altersjahres wird ein Mindestbeitrag von 1% des koordinierten Lohnes erhoben. Für Mitarbeiter ab 1. Januar nach Vollendung des 24. Altersjahres wird ein Beitrag von mindestens 14% des koordinierten Lohnes erhoben.

    Maximal die Hälfte der Beiträge kann der Arbeitgeber dem Mitarbeiter vom Lohn abziehen.”

  6. The higher the PK contribution, the more money both you and your employer pay to your 2nd pillar retirement account. Therefore, the better is for your future old life.

    Normally, the employer will pay a minimum of that PK like what you paid (50%:50%) contribution. However, it can be that when they are generous, they will pay even more.

    You will see your pension grow faster when the PK one is higher.

    I really miss my old employer when they paid almost double my PK.

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