Welcome to the AXA pension fund information site for employees. Here you have direct access to the myAXA pensions portal, the portal for your Pillar 2 pension at AXA, our practical forms service, and answers to key questions on occupational pensions (Pillar 2 pensions):
Would you like to apply for a purchase in the pension fund or do you want background information concerning occupational benefits insurance? wincoLink-print gives you a comprehensive overview of all the relevant forms and documents. You can access them at any time and they are always up to date.
The link below will take you directly to the forms service. Simply enter your contract number. Fill out the forms directly on your monitor, print, sign , and send them to us by post. To ensure faster processing, be sure to use the latest version of the forms. For this reason, please don’t print out a stock of forms and please don’t save any empty forms for future use.
You’ve started a new job and are now insured with AXA through your new employer – or vice versa: you’re now insured with a different pension provider? Here's what you need to do to switch to a different pension fund when you change employer:
The pension fund certificate contains information on your future pension benefits and your insurance cover, for example, for occupational disability. Here are some helpful hints to help you locate the relevant information quickly:
Good planning is needed if your aim is to own your own home. Especially when it comes to financing. What’s important is to realistically estimate the costs, and to understand the implications and the correct procedure. The first of two possibilities for raising capital is an advance withdrawal from your pension fund.
You can make an advance withdrawal every five years – at the latest until the claim to retirement benefits arises. But please note: Have you purchased contribution years in the past three years? If so, you cannot withdraw the amount from your pension plan for three years from the date when you purchased contribution years.
Until age 50, the maximum amount is equal to your total vested benefits. After that, you receive as a maximum the higher of the following amounts:
As soon as the conditions for an advance withdrawal are no longer met, the amount must be repaid to the occupational benefits institution.
You must give the pension fund proof that you meet the requirements for an advance withdrawal by submitting an application and all the necessary documents (e.g. valid purchase agreement, construction permit, excerpt from the land register, etc.). If you are married, you also require the written agreement of your spouse.
Protect yourself against reductions in benefits in case of disability or death with occupational disability insurance and / or term life insurance.
Salary increases, joining a pension fund after age 25, divorce, or time off to care for children – all of these situations can result in a gap in your pension savings. You can close a pension gap and improve your coverage by purchasing additional benefits.
A pension gap is the difference between your maximum possible retirement assets and your actual retirement assets. Pension gaps are common. They can be filled by purchasing benefits so as to avoid benefit reductions in old age.
Reasons for pension gaps:
As you can deduct pension fund purchases from your taxable income, a purchase of pension fund benefits always leads to tax optimization. You can carry out a provisional calculation by using the Swiss Federal Tax Administration's tax calculator.
Compare the maximum possible retirement assets with the amount that is currently available. The difference is the maximum purchase amount. Refer to your pension fund certificate or your employer for more information.
In principle, a purchase is possible at any time, provided that this is permitted under your pension fund regulations. Any advance withdrawal for financing the purchase of residential property must be repaid unless you will be retiring in less than three years or you would like to close a pension gap that has arisen through divorce.
Inform your pension fund that you wish to purchase additional benefits via the forms service or the myAXA pensions portal. You will be informed of the maximum amount you can pay in and will receive a payment slip.
More time for traveling, new hobbies, sports, grandchildren, and friends, etc. Retirement is the start of an exciting new phase in your life that opens up new opportunities. So there are plenty of reasons to look forward to retirement. But please remember that you need to take the right decisions well in advance to optimize your financial position.
Read more about planning for retirement
Retirement assets are the amount that accrues in your occupational benefits account under a Pillar 2 plan. Your retirement assets comprise:
The amount of your mandatory retirement assets is determined solely by the retirement credits and amounts that are paid into the account pursuant to the minimum BVG (OPA) provisions, plus interest. The minimum interest rate is set by the Federal Council.
Retirement credits are used to build up retirement assets. They comprise the savings contributions the employee and the employer pay into the account. The level of retirement credits is specified in the regulations of every occupational benefits institution and is generally defined as a percentage of the insured salary. Pursuant to the BVG (OPA), the following percentage rates apply:
The retirement capital is the same as the retirement assets at the time of retirement. The projected retirement capital is included in your personal certificate (pension fund certificate). It is a projection of the available retirement assets and is based on your current pensionable salary, the regulatory retirement credits, and the current guaranteed interest rates.
You can calculate your annual retirement pension by multiplying the retirement assets on the retirement date by the conversion rate on that date.
If you work for several employers and don’t achieve the minimum annual salary pursuant to BVG (OPA) with any single employer, you can insure yourself voluntarily with the occupational benefits institution of one of your employers. If this is not possible, you can insure yourself with the BVG/OPA Substitute Occupational Benefit Institution.
This is a nationwide occupational benefit foundation. In accordance with the BVG (OPA), it is required to undertake the following tasks:
Pension funds collect contributions with which they finance their benefits. These are paid by employers and employees together. The contributions depend on various factors, such as:
The division of contributions between the employer and employee is defined in the pension fund regulations. Employer contributions must equal at least the total contributions of all employees. The employer deducts employees’ contributions directly from their salary.
Exemption from contribution payments is an insurance benefit. An insured person who is incapacitated or disabled prior to reaching retirement age is exempt from having to pay contributions once the agreed waiting period ends. The occupational benefits institution will continue to fund the pension at its own expense.
Your BVG (OPA) age is calculated by subtracting your birth year from the calendar year. Your BVG (OPA) age can therefore be a year higher than your actual age.
The Federal Law on Occupational Old Age, Survivors' and Invalidity Pension Provision (BVG/OPA) defines the following occupational benefits:
Surviving dependents' benefits
A person is considered to be unfit for work if they can no longer carry out their job or another reasonable working activity or can only work to a limited extent:
This applies if you leave an occupational benefits institution before claiming benefits (retirement, disability, death), for example, if you change your employer.
Not everyone is subject to mandatory occupational benefits insurance. If you are self-employed or work for several employers, you can opt for voluntary insurance if your total annual salary exceeds the minimum BVG (OPA) salary.
Self-employed persons also have the option to enroll with the benefits institution of their professional association or of their employees. If this is not possible, they are entitled to take out insurance with the Substitute Occupational Benefit Institution.
If you withdraw early from an occupational benefits institution, you are entitled to the assets, referred to as vested benefits, that accrued during this time. The pension fund regulations define the vested benefits amount. The Vested Benefits Act guarantees a minimum in benefits.
If you temporarily or permanently withdraw from an occupational benefits institution (e.g., if you quit your job, take leave, or go abroad) and are unable to transfer your vested benefits to a new institution, they will nevertheless be paid out. However, they are not at your disposal. They can be paid out in two different ways:
Early retirement is possible once you reach age 58, provided that the regulations of your occupational benefits institution permit you to do so. Withdrawing from professional life at an even earlier date is possible only
Flexible retirement is possible between the ages of 58 and 69/70 (women/men). Here you can reduce your working hours either gradually or all at once, up to the retirement date. The following conditions apply to flexible retirement:
A disability pension is payable if the insured person becomes disabled before reaching retirement age and the agreed waiting period has expired. The amount of the disability pension is defined in the pension fund regulations. You can calculate the minimum BVG (OPA) disability pension in the same way as your retirement pension, using the same conversion rate: Multiply the retirement assets at the retirement date by the conversion rate valid on that date.
Persons who draw a disability pension are entitled to a disabled person's child's pension for each child eligible for support. Eligibility applies to children
Minimum BVG (OPA) requirements state that a disabled person's child's pension is 20% of the statutory disability pension.
Permanent or long-term full or partial restriction of a person's ability to work or earn an income.
Restriction on a person's ability to work in percent. The IV invalidity insurance scheme determines the level of disability.
When you reach retirement age, you can withdraw 25% of your retirement assets from the mandatory portion of your occupational benefits plan as a lump sum.
If your occupational benefits institution's regulations permit, you can also withdraw all your retirement assets as a single lump sum. To do this, you will need to inform your pension fund before you retire. Your pension fund regulations may specify a notice period.
The following are entitled to receive a child's pension:
A life partner is a person who
Life partners may not be married or related to each other or live in a registered partnership.
Persons who draw a retirement pension are entitled to a retired person's child's pension for each eligible child. Eligibility applies to children
Minimum BVG (OPA) requirements state that a retired person's child's pension equals 20% of the statutory disability pension.
Every year you receive a pension fund certificate. This personal certificate contains all the key information pertaining to your occupational benefits insurance:
The personal certificate (which is also known as a pension certificate or pension fund certificate) is provided for information purposes. It contains all the important information about your insured benefits under the occupational benefits program.
A pension refers to regular payments made to an insured person for a fixed period or for life.
The current regular retirement age is 64 for women and 65 for men. At present, you can draw an AHV (OASI) pension up to two years early or defer it by up to five years. The 11th revision of the AHV (OASI), which is currently under discussion, is looking at raising the retirement age and making it more flexible.
Risk insurance is a type of life insurance that offers financial protection against the risks of death and occupational disability.
Self-employed refers to anyone not working under an employment contract and who the AHV (OASI) has recognized as being self-employed. Self-employed persons are responsible for managing their own pensions.
A death benefit (lump sum) is a single payment made to the beneficiaries as defined in the regulations when the insured person dies.
The law prescribes which benefits must be insured and to what extent as a minimum. However, the employer has the option of providing better insurance for their employees. Benefits that exceed the statutory minimum are therefore extra-mandatory benefits.
The conversion rate is used for calculating the annual retirement pension. and comprises a factor for calculating the available retirement capital. The Federal Council sets the minimum conversion rate in accordance with the BVG (OPA).
Unpaid leave is treated differently from termination. The employment contract remains in force; only salary payments cease temporarily. During unpaid leave, persons previously insured under the BVG (OPA) generally have the option to continue their pension coverage without restrictions, or at minimum to remain insured against the risks of disability and death. The employer and employee agree individually on how to divide the contributions.
By law, occupational pension insurance does not cover your entire salary. A “coordination deduction” is applied to your AHV (OASI) salary and there is a cap on the insured salary. The coordination deduction applies to the part of the annual AHV (OASI) salary that is already insured under Pillar 1 (AHV/OASI). You can find the exact definition of salary in your pension plan.
A benefits case (i.e., a case where benefits are payable) occurs when a person reaches retirement age, becomes disabled, or dies.
Every occupational benefits institution issues its own regulations that define the scope of its occupational benefits insurance. The pension fund regulations must specify the following:
Orphan's pensions are paid when an insured person dies and leaves behind eligible children. Eligibility applies to children
Minimum BVG (OPA) requirements state that an orphan's pension is 20% of the statutory disability pension.
The waiting period is the time between the date on which a person becomes unable to work and the date on which the disability pension or exemption from premium payments begins.
A widow's or widower's pension is the amount paid to the partner of a married insured person when that person dies.
You can make an advance withdrawal or pledge personal pension assets to finance the purchase of owner-occupied property.
Do you have any questions, or would you like a no-obligation pension consultation? Our experts are there for you.
The purpose of the three-pillar pension system is to provide financial security for people in Switzerland in old age and in the event of disability or death.
By making voluntary payments into tied pension provision (Pillar 3a) or flexible pension provision (Pillar 3b), you can close income gaps from Pillar 1 and 2 pension plans.
Those wishing to save capital for retirement reliably and sustainably will fare best with targeted investment in diversified shares.