1e plans are part of the extra-mandatory occupational benefit scheme (2nd pillar). Employees can decide for themselves how their savings are invested in a 1e plan. They can choose from up to ten investment strategies specified by the employer. There is no redistribution from active insured persons to pensioners in a 1e plan. The pension capital is paid out as a lump-sum payment / in capital form in the event of vested benefits or upon retirement.
Affiliation takes place via the employer by signing an affiliation agreement with the finpension 1e Collective Foundation. Employees with an annual salary of more than CHF 129,060 can be admitted to the 1e collective foundation and insured.
The registered office of the foundation is in Lucerne. For tax considerations, if you move abroad, it may make sense to transfer your pension assets to a vested benefits foundation domiciled in the canton of Schwyz before withdrawing them. The canton of Schwyz has the lowest withholding tax rate in Switzerland.
Our processes and procedures are largely automated. This enables us to work more efficiently. In addition, we can guarantee better risk control. Overall, the advanced digitalization allows us to offer very attractive conditions.
All legal entities (including general partnerships) can join the finpension 1e Collective Foundation. In the case of a sole proprietorship, we will be happy to clarify for you whether and how an affiliation is possible.
It is worthwhile for companies with employees who earn more than CHF 129,060 per year. The possibility of investing independently and at the same time protecting the pension plan against redistribution brings great added value to the insured employees.
A 1e solution from finpension increases your attractiveness as an employer for high level employees. For larger companies which do their reporting in accordance with IFRS/USGAAP, there is a further advantage. The balance sheet can be relieved by transferring pension assets to a 1e plan (IAS19).
The implementation of a 1e plan needs to be properly structured, but thanks to our extensive experience, it can be implemented in a short time. If a company decides to implement a 1e solution, the first thing we do is get the HR on board and work out a common understanding of the process. It is very important for us to make the processes as simple as possible for the HR managers.
The employer must conclude an affiliation contract with us for salary components over CHF 129,060. Has your employer already joined the finpension 1e Collective Foundation? If so, you will receive an e-mail containing a link that you can use to set up your personal 1e account.
In general, the existing pension fund remains unchanged for the basic pension for salary components up to CHF 129,060. The finpension 1e Collective Foundation serves as an additional pension solution for salary components above CHF 129,060.
No. finpension 1e Collective Foundation only manages capital that comes from savings contributions on units that exceed a salary of CHF 129,060. finpension does not have access to information about your insurance in the basic pension plan.
The employer can define up to ten investment strategies, of which one must be low-risk. Thanks to our independence, employers have a free choice of investments and can tailor the strategies to their individual needs.
Yes, a change of investment strategy is possible at any time free of charge and can be made directly in the app. The adjustment of the individual 1e account to the new investment strategy takes place on the first bank working day of each month.
Your pension assets will lose value in the event of a negative performance. The individually selected investment strategy is decisive for the development of the pension assets. There is no capital guarantee. Insured persons have at least one low-risk investment strategy at their disposal.
In principle, you save tax simply because you have a 1e pension plan: You pay no wealth tax on the pension capital and no income tax on the earnings. You can save even more taxes with voluntary purchases. Voluntary purchases can be deducted from your taxable income.
At any time, provided you have purchasing potential. You can find out whether you have purchasing potential by going through the online guided process. You can find the process in the app. At the end of the process, you will receive the payment instructions. The foundation must receive the payment by 31 December at the latest to still be eligible for deduction for the corresponding tax year.
Yes, an early withdrawal is possible in the event of a move out of Switzerland, as an early withdrawal for residential property or when taking up self-employment. You can download the according form in the app under documents.